Siemens, the German industrial technology giant, has reported a quarterly operating profit of 3 billion euros, surpassing analyst expectations. This represents an 11% increase from the same period last year. Despite a 15% decline in comparable orders, the company highlighted growth in its digital industries and smart infrastructure sectors. However, the mobility business experienced a
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The European banking sector has long been in need of a shake-up, and Italy seems to be on the verge of providing just that with a potential surge in mergers and acquisitions, according to analysts. Following a tumultuous period marked by a sovereign debt crisis and the government bailout of Banca Monte dei Paschi (BMPS),
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The proposal to exempt Social Security from income taxes has gained bipartisan support, with both federal and state initiatives being put forth to address the financial struggles faced by retirees. Former President Donald Trump has proposed a federal policy while Minnesota Gov. Tim Walz recently implemented state legislation in this regard. Despite the shared goal
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