Alstom

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Combining with Bombardier Transportation would make Alstom the clear No 2 in rail equipment and help it counter the industry leader, China’s CRRC. Photograph: Benoit Tessier/File Photo/Reuters

French train maker Alstom agreed to buy the rail unit of Bombardier for as much as €6.2 billion to almost double in size, as the Canadian firm offload(...)

In Dublin, Ryanair lost 1.2 per cent to €15.41. Photograph: Niall Carson/PA Wire

The Iseq in Dublin stood out as a weak spot across generally buoyant European equity markets on Monday, with heavyweight stocks CRH, Ryanair and AIB d(...)

High representative of the European Union for foreign affairs and security policy Josep Borrell: has compared Israel’s annexations to Russia’s actions in Crimea. Photograph:  Christof Stache

Pressure is growing within the EU to issue a pre-emptive warning to Israel against its expected unilateral implementation of the Trump peace plan by p(...)

Airbus admitted of a string of bribery and corruption offences stretching back to at least 2008. Photograph: AP

Airbus for years conducted a “massive scheme to offer and pay bribes”, involving very senior executives, according to disclosures in courts in Washing(...)

Some 42 million passenger journeys were recorded on the Luas last year across both lines. Photograph: David Costello

Transdev has been awarded a new contract to operate and manage the Luas for the next six years. The contract, which includes an option to renew the d(...)

Niall Gleeson, currently a senior director with Shanahan Engineering, will become managing director of irish Water.

Irish Water has appointed a new managing director who will also serve as deputy chief executive of the company’s parent, Ervia. Niall Gleeson, curre(...)

German car companies argue there was nothing illegal in their meetings to agree “clean diesel” norms.

European competition authorities are readying anti-cartel fines of up to €1 billion each for German car giants BMW, VW and Daimler. The companies are(...)

EU commissioner for competition Margrethe Vestager: a fearless champion of the European Commission’s competition directorate. Photograph: Piotr Nowak

When the European Commission announced recently it would block the merger of rail giants Alstom and Siemens, it was acting out of concern the lin(...)

German economy minister Peter Altmaier (right) and his French counterpart Bruno Le Maire at a press conference  in Berlin following talks on EU industrial policy. Photograph: John MacDougall/AFP/Getty Images

Germany’s protectionist muscle is beginning to twitch. Peter Altmaier, the country’s economy minister, recently floated the idea of setting up a stat(...)

Ryanair added to its Tuesday gain, climbing 1.1 per cent to €11.58, and paper and packaging group Smurfit Kappa advanced 1.6 per cent to €26.20.

European shares inched up to touch 12-week highs on Wednesday, fuelled by strong gains in Italian banks and tech stocks, while Ubisoft sank following (...)

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