Siemens AG, the biggest engineering company in Europe, on Nov. 8 unveiled a 6 billion-euro ($7.6 billion) savings plan to restore profitability, acknowledging it was slow to react to shrinking demand. Photographer: Michele Tantussi/Bloomberg
Siemens AG, the biggest engineering company in Europe, on Nov. 8 unveiled a 6 billion-euro ($7.6 billion) savings plan to restore profitability, acknowledging it was slow to react to shrinking demand. Photographer: Michele Tantussi/Bloomberg
%7Cutmccn%3D(direct)%7Cutmcmd%3D(none);&utmn=166892509&utmp=%2Fphoto%2F2012-11-13%2Fgerman-investor-confidence-unexpectedly-fell-in-november&utmhn=10.248.179.14&utmac=UA-11413116-12&utmhid=383285624)