Siemens to Replace CEO Loescher After Forecast Cut

July 29 (Bloomberg) -- Siemens will replace CEO Peter Loescher after Europe’s biggest engineering company repeatedly missed profit targets and charges mounted for failed power and train projects. Jonathan Ferro has more on Bloomberg Television's "Countdown." (Source: Bloomberg)
What Is Behind the Optimism in Chinese Stocks?
39:00 - Bloomberg’s Richard Frost discusses possible reasons for the rally in Chinese stocks. He speaks with Jonathan Ferro on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
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