Anyone who drives to work in a city knows the difficult search for a parking space. Wouldn't it be great if someone told you where to find one?
Germany's Siemens has just developed such a tool.
Russian businesses have been tasked with developing and building gas turbines in order to make up for lost imports. German engineers assess whether that is a realistic goal.
Prior to a planned IPO, German engineering giant Siemens is offering investors a minority stake in its medical imaging business Healthineers. The IPO itself is likely to become Germany's biggest listing since 1996.
"We won't be putting a check in anyone's pocket," Germany's development minister said. The new initiative follows a test program whereby Germany gave refugees extra money to return home.
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