UPDATE 1-New Siemens CEO upsets labour, markets on 1st test


(Adds details of job and plant guarantees, Continental shares) By Georgina Prodhan and Jens Hack FRANKFURT/MUNICH, July 26 (Reuters) - New Siemens Chief Executive Peter Loescher got off to a bad start with trade unions and investors this week over his handling of a major divestment, an acquisition and quarterly results. Just three weeks into the job, Loescher is already in conflict with trade unions, while some investors are complaining they feel misled about the company's plans. ...

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