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GE continues to woo French officials in bid for Alstom unit
General Electric is talking with French officials to refine its commitment on jobs, future investment and nuclear access as part of its $17 billion offer for Alstom’s energy unit. GE GE , which has...
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GE to present new Alstom offer to French government
General Electric Co. {fortune-stock symbol=”GE”] chief executive Jeff Immelt is back in Paris Thursday in a fresh attempt to persuade the French government that it should be allowed to buy the energy...
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Siemens, Mistubishi raise their offer for Alstom
The race for French engineering giant Alstom SA AOMFF heated up as it went into its final stages Friday. Germany’s Siemens AG SIEGY and Japan’s Mitsubishi Heavy Industries Ltd MHVYF said Friday they...
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Alstom board opts for GE, but has to find room for French government
General Electric Co. GE won the blessing of the board of French engineering giant Alstom SA AOMFF to buy its energy assets, beating off the rival bid of Germany’s Siemens AG and Japan’s Mitsubishi...
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How France Sank Japan to Win Australia’s $40 Billion Submarine Deal
In 2014, a blossoming friendship between Australian Prime Minister Tony Abbott and his Japanese counterpart Shinzo Abe looked to have all but sewn up a $40 billion submarine deal. Then French naval...
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Nissan Is Buying a 34% Stake in Scandal-Hit Mitsubishi Motors
Nissan Motor has agreed to take a 34% stake in Mitsubishi Motors, taking de facto control with a $2.2 billion bet that bails out its smaller, scandal-hit rival. The deal is a lifeline for Mitsubishi...
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Top Japan Steel Firm Admits to Fabricating Data on Products Shipped to 200...
Investors looked set to bail out of Kobe Steel Ltd kobe-steel on Tuesday, after Japan‘s third-biggest steelmaker revealed it had fabricated data to show its products met customer specifications in the...
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Boeing Airliners May Need to Swap Out Parts From Kobe Steel
Boeing ba has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. The world’s biggest maker of passenger jets...
View ArticleMitsubishi Just Started Testing a 90-Seat Passenger Plane
In may not be too long before airline passengers board a Mitsubishi jet, rather than a Boeing or Airbus The Japanese conglomerate announced Monday that test flights of its new Mitsubishi Regional Jet...
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