Alstom

Bombardier to cut a further 95 jobs at Belfast operation

Plane and train maker announced 400 job losses at plant in June due to Covid-19 crisis

Up to 400 jobs at risk at Bombardier in Belfast

Company making 2,500 redundant in its aviation business globally due to Covid-19 crisis

Troubled Bombardier faces demotion from top Candian index

Aircraft and train manufacturer worth just a fraction of former value

Alstom agrees to buy Bombardier train unit for up to €6.2bn

French finance minister will discuss the plan with EU competition commissioner Vestager

Iseq heavyweights drag as European markets cheer easing coronavirus fears

US markets closed for Presidents’ Day holiday

EU under pressure to take stand on Trump ‘peace plan’

Brussels to discuss how to warn Israel ‘price to pay’ for annexing Palestinian territories

Airbus to pay €3.6bn in penalties for international bribery scheme

‘Massive scheme to offer and pay bribes’ involved very senior executives, courts told

Transdev wins new contract to operate and maintain Luas

Transdev has operated the Luas since 2004, while Alstom had the maintenance contract

Niall Gleeson named as new Irish Water managing director

Gleeson will take over on August 6th

EU readies anti-cartel fines of up to €1bn each for German car giants

BMW, VW and Daimler face heavy penalties over agreed practices

France and Germany seek veto on commission competition decisions

Europe Letter: Derailed merger of Alstom and Siemens sparks call for policy change

Germany and France say EU ‘champions’ needed to take on Chinese and US rivals

The aim is to protect the EU’s industrial base from what is seen as predatory competition from China and threats from trade wars

European shares edge higher after Italian banks make gains

Electronic Arts and Ocado among the fallers, while CRH is key mover in Dublin

German minister calls for fund to counter foreign takeovers

Proposal forms part of strategy designed to create ‘national and European champions’

France fines GE €50m for failing to deliver promised jobs

US conglomerate had expected to create 1,000 jobs after takeover of Alstom

Softening Chinese demand troubles global investors

Iseq overall index fell 0.21%, outperforming European peers

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