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DEBATE

The Race to Save Lives in Nepal: World Ramps up Efforts to Provide Emergency Aid (part 2)

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DEBATE

The Race to Save Lives in Nepal: World Ramps up Efforts to Provide Emergency Aid (part 1)

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MEDIAWATCH

Nepal earthquake on social media

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TALKING EUROPE

Louis Michel: 'Europe is not guilty' of Africa's failings

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TALKING EUROPE

Italy's Europe minister: 'Bold measures' needed to dismantle human trafficking

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ENCORE!

Music show: Blur, Martin Gore and Moriarty

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FOCUS

France steps up cyber defence in wake of attacks

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BUSINESS DAILY

End of an era as Volkswagen's Piech resigns

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THE OBSERVERS

Police beat kids in Guinea, and militias dynamite homes in Iraq

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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2014-05-07

Alstom profits slide as bidding war continues

It’s at the centre of a bidding war between General Electric and Siemens, but profits at French engineering firm Alstom fell 28 percent in the year to the end of March. The French government has rejected GE’s €12 billion offer for its power generation business that’s also being eyed by Siemens. Also today: Fiat Chrysler wants to boost sales by 2 million units by 2018.

By Stephen CARROLL

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Archives

2015-04-27 Volkswagen

End of an era as Volkswagen's Piech resigns

After a public power struggle with his chief executive, Ferdinand Piech has stepped down as chairman of Volkswagen. He spent two decades as the most prominent voice at Germany’s...

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2015-04-24 British Royal Family

Alice, Posh or Tyrone? Bookmakers take bets on new royal baby name

Brits are already placing bets on everything from dates to weights for the second royal baby. A whopping 83% are betting it will be a girl. We find out what names are the odds-on...

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2015-04-23 Brazil

Turmoil leads to first loss in decades for Petrobras

Brazil's state-controlled oil giant Petrobras reported a $7.2bn loss for last year. The firm was hit hard by writedowns and corruption charges. Plus, the European Union takes on...

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2015-04-22 retail

Tesco's tough times: Supermaket chain reports record loss

Tesco, the world's third-largest retailer, has reported the biggest pre-tax loss in its 96-year history, of €8.9 billion. The company's earnings were hit by a writedown of the...

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2015-04-21 Gazprom

EU set to launch antitrust case against Gazprom

The European Union is set to accuse the Russian gas company Gazprom of abusing its dominant position in the European market. The charges are set to be announced later this week....

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