General Electric said the company would respond to the French government’s “legitimate demands” that Alstom’s nuclear unit remained French. Photograph: EPA/Etienne Laurent

General Electric, seeking France’s approval for its $17 billion bid for Alstom’s energy division, said it will keep the power-equipment maker’s nuclea(...)

The Alstom board considers its options as GE and Siemens eye up the French engineering group that makes turbines for the energy industry and TGV high-speed trains.

General Electric of the US and Siemens of Germany ­yesterday launched charm offensives to win France’s socialist government over to their compe(...)

Siemens considers Alstom’s energy assets to have an enterprise value of €10 billion to €11 billion.  Photograph:  Etienne Laurent/EPA

The French government has postponed a meeting with General Electric to discuss the US manufacturer’s bid for French rival Alstom’s energy busin(...)

Former CEO of Russian oil gaint Yukos Mikhail Khodorkovsky stands behind bars during a trial in Moscow.

A business owner in Russia has a better chance of ending up in the penal colony system once known as the gulag than a common burglar does. More than 1(...)