Germany's Siemens says nearly 12,000 jobs under threat
German industrial giant Siemens said Friday it was weighing cuts of nearly 12,000 jobs around the world as part of a major restructuring.
Rolls-Royce says in talks to sell energy unit to Siemens
German engineering giant Siemens, which is seeking to buy French firm Alstom's energy division, is in talks to purchase Rolls-Royce's energy production arm, the British aircraft engine maker said.
Brazil freezes assets tied to Alstom, Siemens price-fixing claims
Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.
France supports strategic partnership of Kazakhstan and EU
Kazakhstan Foreign Minister Yerlan Idrissov met with his French counterpart Laurent Fabius.
Serik Akhmetov meets French Foreign Minister
French business delegation and Kazakhstan reps exchanged opinions on enhancement of Kazakhstan-French relations in trade and investments.
50 light rail trams to be launched in Astana before EXPO-2017
The plan is to construct 3 lines, 42 stops and launch around 50 trams: Alstom.
Alstom suspends work on Slovenia coal plant over financing
French energy giant Alstom has begun suspending work on a 1.3-billion-euro ($1.67-billion) coal-fired electricity plant in Slovenia after failing to receive financing guarantees from the government.
Kazakhstan to produce 4000 train car sets a year
Kazakhstan is planning to produce train cars, drilling equipment, locomotives electric locomotives and diesel engines.