Engineering services firm ABB India reported a 7% drop in its third-quarter profit on Thursday, as higher expenses and fewer new orders dampened gains from the execution of pending projects. The India ...
ZURICH (Reuters) - ABB will reshape its engineering, procurement and construction (EPC) business - including its biggest but least profitable power grids division - by spinning off and winding down ...
Swiss engineering company ABB still intends to divest its turbocharging business but is in no rush and is aiming to make a final decision before the end of the second quarter, Chief Executive Bjorn ...
Microsoft will expand its partnership with ABB after the Swiss engineering firm designated Azure as its public cloud of choice, the companies said in a release. They will work together in areas ...
abb has established a new regional operations center for North America, bringing technology expertise closer to customers and building on its similar resources globally. An initial $1 million ...
Net profit at ₹409 crore misses estimates, revenue rises 13.7% to ₹3,310 crore beating forecasts. Margins narrow to 15.1% ...
(Bloomberg) — ABB Ltd. is preparing to kick off a fresh attempt to sell its power-conversion unit as Chief Executive Officer Bjoern Rosengren continues to offload peripheral businesses, according to ...
ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...
The latest update is out from ABB Ltd ( (CH:ABBN) ).
Built from corrosion-resistant 304 stainless steel with static seals, encapsulated windings and IP69 ingress protection, ...
* EPC operations to be spun off to ventures or wound down * CEO sees economic conditions improving in 2018 (Adds comments from ABB call, market reaction) By Michael Shields ZURICH, Dec 20 (Reuters) - ...
The India unit of Switzerland’s ABB, opens new tab reported a profit of 4.09 billion rupees (USD46.53 million) in the three ...