Don't miss

Replay


LATEST SHOWS

IN THE PAPERS

Shimon Peres’ Quixotic battle for Israeli-Palestinian peace

Read more

IN THE PAPERS

Sarkozy's friends, ongoing cases, bothers

Read more

BUSINESS DAILY

Can oil producers agree to cut supply?

Read more

THE INTERVIEW

Women terrorists are 'probably the future', says ex-CIA agent

Read more

EYE ON AFRICA

Malian jihadist jailed for nine years for destroying ancient Timbuktu shrines

Read more

TALKING EUROPE

Juncker and Schulz debate the future of Europe

Read more

MEDIAWATCH

Hillary wins debate but Trump 'wins undecideds'

Read more

THE DEBATE

Who won? The impact of first Clinton-Trump debate (part 1)

Read more

THE DEBATE

Who won? The impact of first Clinton-Trump debate (part 2)

Read more

Business

British court dismisses Alstom's complaint against Eurostar

Text by News Wires

Latest update : 2010-10-29

The High Court in London has dismissed French Alstom's bid to block the purchase of Siemens trains by Eurostar. The judge said that Alstom did not have a "serious case."

AFP - French engineering giant Alstom failed on Friday in a court bid to prevent cross-Channel train operator Eurostar from buying trains made by its German rival Siemens.
  
Judge Geoffrey Vos said in his ruling at the High Court in London: "I dismiss Alstom's application."
  
Alstom, which makes French high-speed TGV trains, filed the complaint in London, where Eurostar is based, to attempt to force the suspension of a deal for 10 high-speed trains worth around 600 million euros (835 million dollars).
  
The judge said Alstom did not have a "serious case" and that granting a suspension "would be against the public interest."

Date created : 2010-10-29

COMMENT(S)