Siemens said its offer for Alstom’s power business was ‘superior industrially, financially and socially’ to that of General Electric, and reaffirmed pledges to create new jobs in France. Photograph: Chris Ratcliffe/Bloomberg

Siemens and Mitsubishi Heavy Industries added a billion euros to their offer for French multinational Alstom’s energy business today, hoping to see of(...)

Vestas-Mitsubishi offshore initiative: potentially luctative sector. Photograph: PA

Denmark’s Vestas Wind Systems has agreed a joint venture with Japan’s Mitsubishi Heavy Industries (MHI) for offshore wind turbines, adding financial m(...)