General Electric's 3Q adjusted profit surprises Wall Street

General Electric narrowed its losses in its third quarter as it trimmed expenses and managed to post an adjusted profit that surprised Wall Street. GE lost $1.19 billion, or 13 cents...

Regulators may take action against GE over faulty accounting

NEW YORK (AP) — Federal regulators may take action against General Electric for possible violations of securities laws, the company said Tuesday, signaling a new phase in ongoing federal investigation...

EU clears Alstom's acquisition of Bombardier rail unit

BRUSSELS (AP) — The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom. Alstom, w...

French finance minister to fight GE's plan to cut jobs

PARIS (AP) — France's finance minister is asking U.S. company General Electric to change its plans to cut more than 1,000 jobs in France. Bruno Le Maire said Wednesday he will talk t...

Sieren's China: The cracks in the EU's united trade front

On his recent trip to Europe, President Xi Jinping emphasized the importance of Chinese investment to global trade. However, the European Union's relationship with the bloc's No. 2 trade partn...

German and French ministers issue manifesto for European industrial policy

French Economy Minister Bruno Le Maire was in Berlin on Tuesday to meet with his German counterpart Peter Altmaier with a plan to revise EU competition rules, and to consider overriding them in "...

Germany's Merkel suggests rethink of EU competition policy

BERLIN (AP) — German Chancellor Angela Merkel says Europe may need to rethink its competition rules if it wants to create companies that can play a significant role on the global stage. ...

EU blocks Siemens-Alstom merger citing 'serious' competition issues

The European Commission on Wednesday announced its decision to block a merger between Siemens Mobility and Alstoma – who produce the long-distance ICE and TGV trains respectively. The Commissio...

French minister says EU rejects Alstom, Siemens merger

PARIS (AP) — France's finance minister says EU authorities have decided to reject a merger between France's Alstom and Germany's Siemens railway activities. Bruno Le Maire said Wedne...

French finance minister says EU authorities have rejected a merger of the rail businesses of Siemens and Alstom

PARIS (AP) — French finance minister says EU authorities have rejected a merger of the rail businesses of Siemens and Alstom.

Alstom, Siemens seek to calm EU concerns over rail merger

BERLIN (AP) — France's Alstom says that it and Germany's Siemens have offered new concessions in an effort to overcome European authorities' concerns about the planned merger of their train-building o...

Morocco to unveil Africa's first ever high speed train line

RABAT, Morocco (AP) — French President Emmanuel Macron and Morocco's King Mohammed VI are inaugurating Morocco's first high-speed rail line, the first ever such line in Africa. The $...

LRV train for Kaohsiung's circular MRT line bound for Taiwan

TAIPEI (Taiwan News) – Kaohsiung’s newest MRT Line, the green Circular Line is about to receive its first rail car before it begins regular operations, likely in early 2019. The French ...

Taipei MRT awards contract to French company Alstom for Line 7 trains

TAIPEI (Taiwan News) – The Taipei Metro company has awarded a joint contract to a French company and a local Taiwanese company to construct the future Metro Line 7, reports Smart Rail World. ...

AI Expo: 7 kostenlose Dinge warten auf Sie auf dem führenden AI Event in Amsterdam

AMSTERDAM--(BUSINESS WIRE)--Jun 7, 2018--Vom 27.-28. Juni findet in Amsterdam die zweite Ausgabe der jährlich veranstalteten AI Expo Europe statt. Parallel dazu werden 2 Events, zum Internet der Dinge...