Siemens the. Praises saudi arabias vision of a high tech future but after the killing of a saudi journalist he says business as usual is no longer an option also coming out of the u. S. Federal reserve surprises no one keeping rates on hold with a high kicks pated expected play to eat at the year. And schools of mysterious wooden towel was all over hungry journalists blame corruption and im gary and one says. This is your Business Update on how the whole frame but then glad you could join me well German Industrial Powerhouse siemens posted a mixed bag of results on thursday net profit for the fiscal year remained just over Six Billion Euros thats a slight increase on the Previous Year the companys had some setbacks recently in securing new orders vying for a multibillion euro order to build
a power grid in iraq a job the Company Might use to us competitive g. s off to the white house and divvied theres also problems in saudi arabia stevens was very late to counsel their attendance at t
a very reliable partner competent partner of the kingdom of saudi arabia we have more than thirty million people mostly young people in the kingdom there has been a lot of reforms which have been initiated so i think we need to look at all factors the things which really really are going to hell in the kim going to be shunted this thirty is a very very promising. vision and such a concept going forward so there is a lot of cool things but there also have been talk things and i mean let s face it with the way what we have seen and heard about what happened in turkey is just not something which has moved into ordinary course of business which is a kind of conspiracy there s gotta be trust is this is that what what the kingdom has promised to do it will see how it goes. staying in in the in the regions even it was also in the running for thirteen billion dollars infrastructure project to