CRH is to offload its share in a builder merchanting chain in France by the end of this year. Photograph: Brenda Fitzsimons.

European stocks fell as China’s minister for finance Lou Jiwei dampened speculation his government will boost economic stimulus. Commodities producers(...)

By acquiring Dresser-Rand, Siemens would get the company’s compressors and turbines serving the oil and gas industry at a time when a North American drilling boom boosts demand for energy services and equipment.

The German industrial conglomerate Siemens is near an agreement to acquire US oilfield equipment maker Dresser-Rand Group I for all cash, according (...)

Alibaba  founder  Jack Ma attends the company’s IPO at the New York Stock Exchange yesterday. Photograph: Andrew Burton/Getty Images

Stock markets around the world were little changed yesterday, paring early advances, though equities remained on track for a week of strong gains and (...)

An Infineon Technologies semiconductor wafer factory in Regensburg, Germany Photographer: Guenter Schiffmann/Bloomberg

Infineon brushed off concern that it was spending too much to buy US-based International Rectifier, saying the $3 billion (€2.25 billion) cash deal pr(...)

Engineers Ireland Level 7 winners were: (from left) Sligo IT’s Ruairí McGee, Niall McHale, Gary Lyons and Anthony Mannion. Photograph: Naoise Culhane

The Engineers Ireland Innovative Student of the Year Award for 2014 has gone to a project offering a solution to the transportation of critical medica(...)

An employee performs tests on halogen lights at the Royal Philips NV lighting factory in Aachen, Germany. Photograph: Jasper Juinen/Bloomberg

Philips is to merge its lighting components businesses into a separate unit worth up to €2 billion which may be listed – a major step in its ongoing s(...)

Investors turn away from airlines on the back of concern over oil prices arising from the ongoing crisis in Iraq. Photograph: Reuters

European stocks declined yesterday, after posting a ninth weekly gain in 10, as investors watched developments in Iraq and as euro-zone manufacturing(...)

Siemens chief executive Joe Kaeser: “We are still open for talks.” Photograph: Arnaud Fevrier/Bloomberg

The chief executive of Siemens said yesterday the German engineering group was ready to resume negotiations with Alstom and the French state should th(...)

France’s cconomy minister, Arnaud Montebourg, said yesterday that Alstom’s lucrative gas turbines arm would be purchased by GE and said there would be discussions on the shape of joint ventures in other energy areas ranging from renewables to nuclear. Photographer: Chris Ratcliffe/Bloomberg

France chose General Electric to form an alliance with Alstom yesterday, rejecting an offer from Siemens and Mitsubishi Heavy Industries – but said(...)

TSB Banking Group surged 12 per cent on its first day of trading as Lloyds Banking Group sold a 35 per cent stake in the lender, more than initially planned. Photograph: Nick Ansell/PA Wire

European stocks were little changed yesterday, paring gains in the final minutes of trading, amid increased merger and acquisition activity. The Stox(...)