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Saudis, Russia favor extending oil cuts until end-March 2018

During a joint press conference, the energy ministers of Saudi Arabia and Russia have announced that extending the production cap is necessary to reach the set goal for reducing global inventories.

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Siemens Gamesa merger has incited major internal unrest

The large-scale merger of Spain's Gamesa and Danish-German Siemens Wind Power has become a thorn in the side of many employees at the new wind turbine major. Internal power struggles and large cultural clashes mean that employees are looking to leave the company after what they call a chaotic marriage between the two firms.

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