Siemens Energy changes leadership at embattled wind turbine unit

Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020.Bing Guan | ReutersThe German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."It said in statement that Jochen...

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IMF chief warns of emerging market risk with high U.S. interest rates

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a briefing on the Global Policy Agenda at IMF headquarters during the IMF/World Bank Spring Meetings in Washington, DC on April 18, 2024.Mandel Ngan | Afp | Getty ImagesKristalina Georgieva, the managing director of the International Monetary Fund, played...

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