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Siemens-Alstom rail merger hangs on EU approach to China threat, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 11th, 2019

Europe’s Railway Giants Take a Fast Train to Nowhere

It’s hard to see why Siemens and Alstom need to merge their rail businesses. They’re doing well and China isn’t that much of a threat......»»

Category: topSource: washpostNov 14th, 2018

Germany: Siemens/Alstom deal could increase competitiveness

German Economy Minister Peter Altmaier said on Monday that the aim of a planned merger of Alstom and Siemens' rail businesses was to increase competitiveness, adding that this goal was achievable......»»

Category: topSource: reuters3 hr. 4 min. ago

Siemens: Key to have dialogue based on trust with EU about Alstom deal

Siemens Chief Executive Joe Kaeser said on Monday it was important to have a dialogue based on trust with European Competition Commissioner Margrethe Vestager about a planned merger of Siemens' and Alstom's rail businesses......»»

Category: topSource: reuters3 hr. 4 min. ago

France, Germany step up pressure over Alstom-Siemens deal

France and Germany raised pressure on the European Union's competition chief to approve the merger of Alstom and Siemens' rail businesses, warning that thwarting the proposed European champion would be a strategic error......»»

Category: topSource: reuters3 hr. 4 min. ago

EU veto of Alstom-Siemens rail tie-up would be "economic error" - France

The European Commission would make an "economic error and political mistake" if it were to block the merger of Alstom's and Siemens' rail businesses, said French Finance Minister Bruno Le Maire, shortly before meeting the EU's competition chief......»»

Category: topSource: reuters9 hr. 19 min. ago

Siemens, Alstom rail merger plan to be blocked by regulators, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 18th, 2019

EU regulators to block Siemens" deal with Alstom for rail merger, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 18th, 2019

Explainer: Why Siemens-Alstom rail merger is creating European tensions

Germany's Siemens .....»»

Category: topSource: reutersJan 17th, 2019

Siemens will not make further concessions for Alstom merger, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 17th, 2019

Siemens rules out further concessions to get Alstom deal approval: sources

Siemens will not make further concessions to save a rail merger deal with France's Alstom even after European competition authorities demanded further concessions, sources familiar with the matter said......»»

Category: topSource: reutersJan 17th, 2019

German antitrust body opposes Siemens-Alstom merger: report

Germany's antitrust authority has expressed concerns to the European Union's competition watchdog about the planned merger of the rail operations of Siemens and France's Alstom , a newspaper reported on Sunday......»»

Category: topSource: reutersJan 13th, 2019

German economy minister: Must do everything to support Siemens, Alstom train merger

Germany's Economy Minister Peter Altmaier said on Monday that he was in favor of a planned train merger between Siemens and Alstom and would do its utmost to support it......»»

Category: topSource: reuters6 hr. 19 min. ago

German antitrust opposing Siemens-Alstom merger, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 13th, 2019

Starbucks Slides as Smaller Competitor Plans Major Expansion in China

Starbucks Corp. fell about 4% by 1:30 p.m. Thursday after a triple-threat of reports on China's slowdown, a broad market selloff on bad news from Apple Inc. , and the brewing story about Luckin Coffee......»»

Category: topSource: moneycentralJan 3rd, 2019

Siemens, Alstom offer to sell high-speed train technology: sources

Siemens and Alstom have offered to sell either one of their high-speed train technology to address EU antitrust concerns about their plan to create a Franco-German rail champion, people familiar with the matter said on Monday......»»

Category: topSource: reutersDec 17th, 2018

Dow, S&P slip in choppy session

The S&P 500 and Dow ended a volatile session down slightly on Tuesday as investor optimism over China-U.S. trade talks was offset by U.S. President Donald Trump's threat to shut down the U.S. government. Fred Katayama reports......»»

Category: videoSource: reutersDec 11th, 2018

Beijing Approves Plans for China’s First Underwater High-Speed Train Tunnel

The rail will connect the port city of Ningbo with the archipelago Zhoushan. China approved plans for the country’s first underwater tunnel for high-speed trains, CNN reports. The ?25.....»»

Category: europeSource: fortuneDec 6th, 2018

China, Japan factory output weakens in face of trade threat

China's factory growth was at its weakest in over 2 years in October in a sign of deepening cracks in the economy from a trade war with the United States. As David Pollard reports, Japanese industrial output has also fallen by more than expected......»»

Category: videoSource: reutersOct 31st, 2018

EU"s Vestager wants to hear critics of Siemens, Alstom deal

Europe's antitrust chief Margrethe Vestager on Tuesday said she wants to hear critics of Siemens and Alstom's plan to create a Franco-German rail champion which is being investigated by the European Commission......»»

Category: topSource: reutersOct 9th, 2018

Wall St snaps winning streak

U.S. stocks dropped Wednesday on falling oil prices and Washington's threat to slap China with tariffs on an additional $200 billion worth of goods. Fred Katayama reports......»»

Category: videoSource: reutersJul 11th, 2018