Zeman c. E. O. Jerry qasr praises saudi arabias vision of a high tech future but after the killing of a saudi journalist he says business as usual is no longer an option also coming out of the u. S. Federal reserve surprises no one keeping rates on hold with a hike expected expected play to eat at the dia. And schools of mysterious wooden towel was pop up all over hungry journalists blame corruption and gary and i want to. This is your Business Update on how to hunt for a glad you could join me well german industrial powerhouse siemens posted a mixed bag of results on thursday net profit for the fiscal year remained just over Six Billion Euros thats a slight increase in the Previous Year the companys had some setbacks recently in securing new orders vying for a multibillion euro order to build
a power grid in iraq a job the Company Might use to us can best the g. E. Off to the white house and divvy is also problems in saudi Arabia Siemens was very late to counsel their attendance at th
a power grid in iraq a job the company might use to us can best the g.e. off to the white house and divvy is also problems in saudi arabia siemens was very late to counsel their attendance at the recent riyadh investment for him most companies who dropped out off to the murder of a saudi journalist kushal name on the home scene and saw the shares drop twenty percent over the course of this year. and earlier today my colleague. spoke with siemens c.e.o. a joke asr about a couple of particular geopolitical risks including saudi arabia and where the case his decision to pull out of a saudi invest a conference over the murder all of the journalists cost as he means a twenty billion dollar major power plant deal in the kingdom. the fact is that we did not sign a significant deal which was worth north of twenty billion that s true but obviously you know. things go as taiko and we have always made it clear we had