Siemens AG, Europe’s largest engineering company, cut its full-year forecast after quarterly earnings missed analyst estimates amid charges for failed wind energy transmission projects and the delayed delivery of trains.
For generations, Indian farmer J. Ganesan’s family hired migrant labor to plant paddyfields in the heat of the country’s southern Tamil Nadu state. This year, Switzerland’s Syngenta AG will plant the crop for him.
Apple Inc. dropped below $400 for the first time since December 2011 after one of its audio-chip suppliers, Cirrus Logic Inc., reported an inventory glut that suggests iPhone sales may fall short of analysts’ expectations.
Medco Health Solutions Inc. , the pharmacy benefits manager that lost $3.5 billion in contracts since March, may seek acquisitions to make up for lost revenue if its biggest remaining client fails to re-sign this year.