The wednesday year praises saudi arabias vision of a high tech future but after the killing of a saudi journalist he says business is usual is no longer an option also coming up the u. S. Federal reserve surprises no one keeping rates on hold with a high kicks baited expected play to eat at the year. And schools of mysterious wooden towel was pump up all over hungry journalists claim corruption and im gary and i want offices. This is your Business Update on how to hunt for. 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 on the Previous Year the companys had some setbacks recently in securing new orders vying for a multibillion europe order to build
a power grid in iraq a job the Company Might use to us can best to g. E. Off to the white house and divvied theres also problems in saudi arabia stevens was very late to counsel their attenda
on the other hand look i mean siemens is in the united states i was almost sixty thousand people creating another one hundred fifty thousand indirect jobs so we are a massive economic force in the country we are training people there will be two revenues of more than twenty billion dollars so we are first and foremost also an american company which i believe deserves respect and a level playing field we are actually asking for it we re going to talk you know mr k. s are talking about the u.s. and you being very strong there how much money will the iran sanctions cost you ve already wound down some of your business that you. well. the after the after the implementation dave years ago we have been studying opus the. contacts and. it was our customers in iran now it s