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Daily Digit: Siemens CEO Boost

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Daily Digit: Siemens CEO Boost
AIRED:
2.3% is today's Daily Digit in Europe. That's the amount Siemens share price jumped, after the company said it would sack CEO Peter Loescher. The six-year Chief Exec has repeatedly misjudged demand development in the group's main markets. Germany's second biggest company has struggled with the global economic slowdown. It's also had problems with the delayed delivery of 16 urgently needed trains to the national rail operator.moreless
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