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German industrial giant Siemens said Friday it was weighing cuts of nearly 12,000 jobs around the world as part of a major restructuring.
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.
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.
Kazakhstan Foreign Minister Yerlan Idrissov met with his French counterpart Laurent Fabius.
French business delegation and Kazakhstan reps exchanged opinions on enhancement of Kazakhstan-French relations in trade and investments.
The plan is to construct 3 lines, 42 stops and launch around 50 trams: Alstom.
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 is planning to produce train cars, drilling equipment, locomotives electric locomotives and diesel engines.
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