Siemens raises profit guidance again as industrial demand ramps up

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on the back of a post-pandemic surge in demand.
Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.
U.S. business borrowings jump 20% in May – ELFA survey

U.S. companies borrowed $8.1 billion for capital investments in May, 20% higher than last year, the Equipment Leasing and Finance Association (ELFA) said, as an economic recovery fueled by rising vaccinations and easing curbs drove up demand.