Industrial conglomerate Siemens AG (SI) Friday said it will appoint new members to the supervisory board of its lighting unit Osram once the business is publicly listed.

FRANKFURT, May 17 (Reuters) - Osram, the lighting business to be spun off by Siemens, expects to approach break-even in its current financial year as it revamps its business.

Sale of rail unit to Siemens for £1.7bn has allowed engineering group to pay off most of its £490m pensions deficit and return £625m to shareholders

Siemens Aktiengesellschaft (Siemens)

Siemens Aktiengesellschaft (Siemens)

* Osram Q2 EBITA margin 7 pct, aims for more than 8 pct (Adds details on profit margin, valuation)

German conglomerate is suffering due to the weak global economy, but ensuing air of disappointment after its latest results overshadowed some pluses

Siemens lowered its profit forecast for its main businesses for the year due to project-related charges, a weak economic environment and losses at its solar business, despite a rise in orders in the second quarter.

Economic gloom in Europe and lack of movement in China add to charges on rail projects and solar unit sale setback to hit German group’s projections

Siemens AG (NYSE: SI) reported around 12% rise in its profit for the January-March period and cut its profit view for the current fiscal.Its quarterly net profit climbed to EUR1.01 billion from EUR904 million, while revenue dropped 7%.Its orders clim

FRANKFURT (Reuters) - German industrial bellwether Siemens AG took a more pessimistic stance on the rest of the year as industry demand remained weak and project charges weighed on quarterly earnings.

* Siemens now sees FY profit at lower end of outlook range

* Siemens now sees FY profit at lower end of outlook range

* Siemens now sees FY profit at lower end of outlook range

Siemens will be under new pressure to allay doubts that Germany's flagship engineering group is too big for its own good when it presents quarterly results later this week.

Eli Lilly (NYSE: LLY), which last week announced a deal to buy two imaging agents from Siemens (NYSE: SI) that could help aid the fight against Alzheimer's, is scheduled to report its first-quarter 2013 results Wednesday, April 24, before the markets

Rail division faces further embarrassment and charges after it warns of delays over delivery of trains to the high-speed cross-Channel rail service

FRANKFURT, April 23 (Reuters) - Siemens will deliver high-speed trains to Eurostar, the operator of the Channel Tunnel passenger train service, later than expected, a member of the German engineering conglomerate's management board told a newspaper.

FRANKFURT, April 23 (Reuters) - Siemens will deliver high-speed trains to Eurostar, the operator of the Channel Tunnel passenger train service, later than expected, a member of the German engineering...

FRANKFURT, April 23 (Reuters) - Siemens will deliver high-speed trains to Eurostar, the operator of the Channel Tunnel passenger train service, later than expected, a member of the German engineering conglomerate's management board told a newspaper.

FRANKFURT, April 23 (Reuters) - Siemens will deliver high-speed trains to Eurostar, the operator of the Channel Tunnel passenger train service, later than expected, a member of the German engineering conglomerate's management board told a newspaper.

Global technology company Invensys PLC (ISYS.LN), said Thursday that it has been informed by Siemens AG that all the necessary anti-trust clearances and consents have now been received for the disposal of Invensys Rail to Siemens AG (SI) for 1.74 bil

LONDON, April 18 (Reuters) - Invensys PLC : * Further update on the disposal of Invensys rail * Informed by Siemens that necessary anti-trust clearances and consents now

European Union regulators Thursday approved Siemens AG's (SIE.XE) acquisition of Invensys PLC's (ISYS.LN) rail-automation unit for 2.2 billion euros ($2.89 billion).

BRUSSELS, April 18 (Reuters) - The European Commission gave approval on Thursday for German conglomerate Siemens' 1.74 billion pound ($2.65 billion) acquisition of the rail signal business of Invensys.

BRUSSELS, April 18 (Reuters) - The European Commission gave approval on Thursday for German conglomerate Siemens' 1.74 billion pound ($2.65 billion) acquisition of the rail signal business of Invensys.

HELSINKI (Reuters) - Finnish mobile phone maker Nokia is expected to have trimmed its losses in the first quarter, thanks to rising Lumia smartphone sales and a turnaround at its equipment venture Nokia Siemens Networks (NSN).

* Agents will be used first to test Alzheimer's drugs-Lilly exec

* Agents will be used first to test Alzheimer's drugs-Lilly exec

* Agents will be used first to test Alzheimer's drugs-Lilly exec

* Agents will be used first to test Alzheimer's drugs-Lilly exec

Eli Lilly and Company (NYSE: LLY)today announced it has acquired two investigational positron emissiontomography (PET) tracers from Siemens Medical Solutions USA, Inc. The tracersare intended to image tau (or neurofibrillary) tangles in the brain, on

CHICAGO, April 17 (Reuters) - In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain deposits of tau, an Alzheimer's protein linked with

CHICAGO, April 17 (Reuters) - In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain deposits of tau, an Alzheimer's protein linked with

CHICAGO, April 17 (Reuters) - In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain deposits of tau, an Alzheimer's protein linked with

CHICAGO, April 17 (Reuters) - In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain...

Network equipment vendor Nokia Siemens Networks (NOK, SI) said Tuesday it has been commissioned by M1 Ltd. (B2F.SG) to strengthen its voice core network and expand its 3G network in Singapore.

Siemens Smart GridDivision and Teradata (NYSE: TDC) today announce a global strategiccooperation in the field of big data. Through this collaboration Siemens SmartGrid further optimizes its portfolio of solutions which will provide energyutilities wi

* Siemens Industry CEO still sees long-term growth in China

* Siemens Industry CEO still sees long-term growth in China

* Siemens Industry CEO still sees long-term growth in China

* Siemens Industry CEO still sees long-term growth in China

FRANKFURT, April 11 (Reuters) - Germany's Siemens said industrial markets in China seemed to be stabilising even if expectations for future growth of the Asian market were still "less enthusiastic" than in the past.

MUNICH, Germany, April 10 (Reuters) - A Munich court on Wednesday said German engineering group Siemens can move forward with plans to spin off lighting unit Osram despite legal action taken by a handful of investors.

(Reuters) - Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.

* Says Nokia Siemens to make cash payment of 10.6 mln euros

* Says Nokia Siemens to make cash payment of 10.6 mln euros

April 10 (Reuters) - Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.

April 10 (Reuters) - Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.

April 10 (Reuters) - Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.