Engineering giant Siemens forecasts return to growth
German engineering giant Siemens on Thursday predicted growth for the coming year despite a weak economic environment, as it looked to its recent massive restructuring to boost profitability. "Siemens anticipates further softening in the macroeconomic environment and continuing complexity in the geopolitical environment in fiscal 2016," the group said in an earnings statement. Siemens this year embarked on a major restructuring programme, slashing around 12,000 jobs in a bid to save up to one bi
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