Egypt yesterday signed an €8 billion (Dh33bn) contract with Siemens to increase power generation capacity by 50 per cent, which is expected to provide a boost to the economy. ... Read More
French engineering company Alstom is considering a $16.9bn (£10bn) offer from US firm General Electric (GE) for its energy business. But the French firm said it would be open ... Read More
Jeffrey Immelt is trying to defend General Electric Co. (GE)’s largest-ever acquisition, after French officials imperiled the attempt by urging Alstom SA (ALO) to consider a rival offer from ... Read More
Chancellor Angela Merkel’s deputy chided Siemens AG (SIE) Chief Executive Officer Joe Kaeser for traveling to Moscow, saying German companies shouldn’t sell out European values to protect business with ... Read More
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in ... Read More
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in ... Read More
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