Alstom

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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 (...)

German economy minister Peter Altmaier launching the national industry strategy for 2030 in Berlin on Tuesday. Photograph: Fabrizio Bensch/Reuters

Peter Altmaier, Germany’s economy minister, has called for the creation of a state investment fund that would step in to pre-empt foreign takeovers of(...)

Former GE CEO John Flannery had called the Alstom deal “very disappointing” and admitted in June the target of creating 1,000 jobs was “out of reach”. Photograph: Vincent Kessler/Reuters

General Electric will pay the French government €50 million after creating just 25 out of a promised 1,000 jobs in the country following its takeover (...)

Caterpillar, a bellwether for global industrials, fell more than 8 per cent. Photograph: Mike Blake/Reuters

European shares slid on Monday as optimism about the end of a US government shutdown faded and growth worries reared their head again. DUBLIN Monday(...)

GE reported a $22.8 billion (€20 billion) loss for the third quarter on Tuesday, largely due to a writedown in the value of its GE Power business

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief execu(...)

Workers install scaffolding around a gas turbine at a General Electric factory in Greenville, South Carolina.

General Electric has paid more than $6 billion (€5.1 billion) in fees to Wall Street banks since the turn of the century, even as its market value has(...)

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