Siemens intervenes in GE Alstom bid
Proposal for the creation of two new European industrial champions – one in energy under German leadership and another in transport, which French would own European Companies News…
Thwarted Immelt heads back to France
Four years after failed Areva move, GE tries for Alstom and the CEO’s motivation is more than just wounded pride European Companies News…
Russian economy feels sanctions fallout
Central bank issues grim assessment of the state of economy, predicting the country would ‘continue to witness a downward trend in economic growth’ European Companies News…
Whirlpool and Electrolux see growth ahead
Home appliance makers separately expect increased demand in US and Europe as both groups had sales rise in key markets European Companies News…
GE holds Alstom talks with French government
Industry minister concerned about French jobs if national engineering champion is sold to a US group, says he is working on ‘other solutions’ European Companies News…
Pavel Durov seeks a free global market
More geek than oligarch, the internet eccentric is taking his talents abroad European Companies News…
Cukurova in US court ruling over Turkcell
US appeals court throws out injunctions issued by lower court that prevented Turkish group from making sale or transfer of its assets European Companies News…
Electrolux: dust enough
Results from Swedish white goods maker signal further European recovery European Companies News…
RBS forced to back down on bonus plans
Bank warns of the commercial and prudential risks from the move by UK Financial Investments, which controls an 81% stake, to reject pay plan European Companies News…
Nokia completes €5.4bn handset unit sale
The deal with Microsoft marks the latest reinvention in the 150-year-old Finnish group’s history as it refocuses on its telecoms equipment operations European Companies News…
