Siemens inches forward in race to revamp Iraq's grid
German industrial conglomerate Siemens cleared a hurdle Tuesday in its race with US-based General Electric to rebuild Iraq's electricity grid, signing a "roadmap" at a Berlin meeting with top ministers. Chief executive Joe Kaeser and Iraq's electricity minister Luay al-Khateeb "signed an implementation agreement to kick off the actual execution of the roadmap" agreed last year, the Munich-ba