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Germany’s Siemens says to cut 2,700 jobs worldwide

Industrial conglomerate Siemens said Tuesday it would slash 2,700 jobs worldwide at its gas and power unit, including 1,400 in its home country Germany, “over several years”. The division — set for an independent stock market flotation in 2020 — will “require further savings of 500 million euros” ($560 million), Siemens said in a statement. […]

Spain: EIB Signs Agreement With Solaria to Co-Finance the Construction of Seven Photovoltaic Plants Generating 477 GWh of Renewable Energy a Year