PARIS (AP) — Alstom’s chief executive says the French heavy engineering firm’s agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect ...

PARIS — The board of Alstom SA has unanimously approved GE’s $17 billion offer to buy the French company’s power generation business, the companies announced Saturday. GE says that if shareholders and ...

PARIS (AP) — General Electric Co. on Thursday submitted a revised offer to buy the power generation business of France’s Alstom SA that the American company hopes will be enough to win approval from ...

General Electric (NYSE: GE) is in talks to buy Alstom and an agreement may be announced as early as next week, according to a report from Bloomberg. People with knowledge of the matter told Bloomberg ...

The French government is scrambling to stickhandle its way through a complex tie-up that could see iconic engineering firm Alstom be broken up or sold outright to either a German or an American suitor ...

SCHENECTADY, N.Y.--(BUSINESS WIRE)--For years, crippling electricity shortages have plagued Pakistan, creating challenges for residents and businesses alike, and fixing the problem has become a ...