Siemens Plans to Save 6 Billion Euros

Siemens AG, Europe’s largest engineering company, plans to save 6 billion euros ($7.7 billion) in two years as it braces for lower profit in 2013.
Will FED "Jell" on September Liftoff?
04:09 - JP Morgan Chief U.S. Economist Michael Feroli discusses the Federal Reserve’s rate hike probability with Bloomberg's Alix Steel and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)
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