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Amidst historic price pressure, Siemens Gamesa is optimistic

Wind giant Siemens Gamesa suffered setbacks in almost every key item in the first fiscal quarter of 2018 and the company is virtually a poster child for the all-encompassing price pressure in the industry. But in the darkness shines a light of future price stabilization and higher profitability.

Photo: Siemens

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Maersk will spin Drilling off and list it separately

Maersk has now decided to spin off Maersk Drilling as an independent entity that will be listed on then Copenhagen Stock Exchange. The future for Maersk Supply Service remains uncertain, according to Maersk's second quarter interim report Friday. Get an overview of the group's strategy progress here.

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