Siemens completes major overhaul project at power plant in Hungary

Siemens | Nov 14, 2019 at 12:00 AM

The Dunamenti Power Plant in Százhalombatta, Hungary, is the largest gas-fired power plant in the country with a capacity of 794 megawatts (MW), making it a major source of reliable electricity in Hungary. Recently, in collaboration with the customer and plant owner, MET Asset Management AG, and within the scope of an overhaul project, Siemens […]

Lower for longer favors carry trades

| Nov 14, 2019 at 12:00 AM

The recent trend in hard economic data continues: overall weakness centered on manufacturing, offset by greater resilience in consumption.