General Electric (NYSE: GE) is in talks to buy Alstom and an agreement may be announced as early as next week, according to a report from Bloomberg. People with knowledge of the matter told Bloomberg ...

PARIS (AP) — Alstom’s chief executive says the French heavy engineering firm’s agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect ...

BELFORT France (Reuters) - In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for ...

SCHENECTADY, N.Y.--(BUSINESS WIRE)--For years, crippling electricity shortages have plagued Pakistan, creating challenges for residents and businesses alike, and fixing the problem has become a ...

General Electric said it is willing to discuss its $15.9 billion bid for Alstom’s power unit with the French government after officials told the Fairfield, Conn.-based bidder that the state would not ...

The French government has given itself new powers to block foreign investment in strategic industries including energy, in a move that could have ramifications for General Electric’s $15.6 billion bid ...

After cutting through the red tape in Paris to strike a deal with Alstom, General Electric faces a new challenge in persuading the European Union to approve the merger. On the cusp of GE's largest ...

General Electric (GE) has announced that it will invest $200m to build new plants and warehouses to support the development of its interests in the Indian rail market. The US industrial company’s ...

PARIS — The board of Alstom SA has unanimously approved GE’s $17 billion offer to buy the French company’s power generation business, the companies announced Saturday. GE says that if shareholders and ...

Despite the French government pretending to take control over the Alstom takeover, the shareholders will ultimately decide, experts say. Photo: AFP As the future of French engineering jewel Alstom ...