After rescue deal, Siemens Energy unveils massive loss
Siemens Energy reported a 4.59-billion-euro ($5-billion) annual loss Wednesday, dragged down by a crisis in its wind power unit, a day after a government-backed rescue package was unveiled for the German group. The huge loss in the 2022-2023 financial year for the company, whose operations range from building wind turbines to power grids, was far […]