ABB wary of hailing recovery after first order growth since 2015
ABB sees signs of order growth for the first time since 2015, but this is not enough to call a turnaround in light of political uncertainty and dwindling demand from the oil and gas industry.
BY ALICE BAGHDJIAN, BLOOMBERG
ABB Ltd. said the first signs of order growth in two years are not enough to call a turnaround as dwindling demand from the oil-and-gas industry and an increasingly uncertain political situation weigh on the outlook.
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