Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel. The plane is an effort to develop and demonstrate technology that in the future could help limit emissions of carbon dioxide from aviation and reduce…

Germany’s Chancellor Angela Merkel thinks it’s important for Siemens AG to get back to smooth sailing after the German engineering group’s announcement that it plans to remove CEO Peter Loescher, a government spokesman said Monday. Read: German Engineering Firm Siemens to Replace CEO “From her point of view, Siemens is a flagship of German business,…