https://feeds.thelocal.com/ Read the latest news and views from France in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed The French government announced Tuesday that US industrial conglomerate General Electric will pay €50 million ($57 million) after falling short of its goal of creating 1,000 new jobs in the country. https://www.thelocal.fr/20190205/us-giant-ge-to-pay-france-50-million-after-creating-just-25-jobs-out-of-1000 Tue, 05 Feb 2019 16:54:59 +0100 us-giant-ge-to-pay-france-50-million-after-creating-just-25-jobs-out-of-1000 The maker of France's iconic TGV trains Alstom and German industrial leader Siemens signed on Friday an agreement on creating a global leader in the rail industry. https://www.thelocal.fr/20180324/germanys-siemens-and-frances-alstom-couple-train-units Sat, 24 Mar 2018 18:46:39 +0100 germanys-siemens-and-frances-alstom-couple-train-units French rail giant Alstom on Saturday said it had inked a deal to supply three Indian companies running metro train services in Mumbai, Jaipur and Chennai. https://www.thelocal.fr/20180310/frances-alstom-inks-75-million-supply-deal-with-india-metro-firms Sat, 10 Mar 2018 17:29:14 +0100 frances-alstom-inks-75-million-supply-deal-with-india-metro-firms The maker of France's TGV trains announced Tuesday a "merger of equals" with German industrial leader Siemens in a giant and politically tricky deal to create a new European rail champion. https://www.thelocal.fr/20170927/maker-of-frances-tgv-trains-merges-with-german-industrial-giant-siemens Wed, 27 Sep 2017 10:31:48 +0200 maker-of-frances-tgv-trains-merges-with-german-industrial-giant-siemens The French government has confirmed that it will order 15 high-speed TGV trains in a bid to prevent the historic Alstom train-building plant from closing. https://www.thelocal.fr/20161004/french-state-orders-15-high-speed-trains-to-save-factory Tue, 04 Oct 2016 13:12:28 +0200 french-state-orders-15-high-speed-trains-to-save-factory The French government is squaring up for a battle with engineering giants Alstom, which insists the historic factory where the first TGV trains were built must close down. https://www.thelocal.fr/20160913/french-factory-behind-first-tgv-steam-train-saved Tue, 13 Sep 2016 13:39:42 +0200 french-factory-behind-first-tgv-steam-train-saved EU competition regulators launched Monday a probe into US group General Electric's planned €12.4-billion ($14.1-billion) acquisition of the energy business of French rival Alstom. https://www.thelocal.fr/20150223/eu-probes-12-billion-ge-alstom-deal Mon, 23 Feb 2015 18:29:00 +0100 eu-probes-12-billion-ge-alstom-deal Polish prosecutors on Tuesday said they have charged five people in a corruption case involving transport contracts won by Alstom, just days after the United States fined the French industrial giant a record penalty for bribery. https://www.thelocal.fr/20141231/poland-charges-five-in-alstom-corruption-case Wed, 31 Dec 2014 08:09:00 +0100 poland-charges-five-in-alstom-corruption-case French industrial giant Alstom will plead guilty and pay a record $772.3 million penalty in a wide-ranging foreign bribery case, the US Justice Department announced on Monday. https://www.thelocal.fr/20141223/us-fines-alstom-record-772m-in-bribery-case Tue, 23 Dec 2014 09:29:00 +0100 us-fines-alstom-record-772m-in-bribery-case French industrial giant Alstom has agreed to pay $700 million to settle US corruption charges related to the paying of bribes, a person familiar with the matter said Tuesday. https://www.thelocal.fr/20141217/frances-alstom-to-pay-700million-in-us-over-bribery-case Wed, 17 Dec 2014 09:31:00 +0100 frances-alstom-to-pay-700million-in-us-over-bribery-case The French government gave its stamp of approval on Wednesday for the sale of Alstom's energy arm to US group General Electric, a move that seemed unlikely earlier in the year. https://www.thelocal.fr/20141105/france-gives-green-light-to-ge-takeover-of-alstom Wed, 05 Nov 2014 09:19:12 +0100 france-gives-green-light-to-ge-takeover-of-alstom General Electric on Thursday said the head of its China business will transfer to France to lead the US company's proposed buyout of Alstom's energy businesses. https://www.thelocal.fr/20140705/ge-taps-china-ceo-to-lead-alstom-merger Sat, 05 Jul 2014 12:02:23 +0200 ge-taps-china-ceo-to-lead-alstom-merger Unpopular French president François Hollande and his strugglign Socialist government won praise on Monday for the tough stance they have taken towards General Electric's bid for French engineering giant Alstom and for not bowing to rail strikers. https://www.thelocal.fr/20140623/hollandes-tough-stance-on-alstom-pays-off Mon, 23 Jun 2014 20:39:00 +0200 hollandes-tough-stance-on-alstom-pays-off The French government were claiming victory on Sunday after clinching a deal to become the main shareholder in Alstom. That move will pave the way for General Electric to buy the French group's energy arm, which had seemed unlikely back in April. https://www.thelocal.fr/20140623/france-buys-stake-in-alstom-topave-way-for-ge-deal Mon, 23 Jun 2014 10:58:00 +0200 france-buys-stake-in-alstom-topave-way-for-ge-deal The board of directors of French power-to-rail group Alstom on Saturday unanimously approved US conglomerate General Electric's €12.35 billion ($16.8 billion) bid to acquire its energy business. https://www.thelocal.fr/20140622/alstom-board-backs-bid-by-general-electric Sun, 22 Jun 2014 12:43:00 +0200 alstom-board-backs-bid-by-general-electric France stepped firmly into the battle over Alstom on Friday, saying it favoured General Electric's €12.35 billion ($16.8 billion) bid and would take a 20 percent stake in the French industrial jewel. https://www.thelocal.fr/20140621/france-backs-ge-bid-for-industrial-jewel-alstom Sat, 21 Jun 2014 12:04:00 +0200 france-backs-ge-bid-for-industrial-jewel-alstom The battle for French engineering giant Alstom neared the finish line on Friday with rivals General Electric and Siemens, Mitsubishi both sweetening their offers in a bid to convince the President François Hollande and the government. https://www.thelocal.fr/20140620/us-and-german-rivals-in-bidding-war-for-alstom Fri, 20 Jun 2014 11:18:08 +0200 us-and-german-rivals-in-bidding-war-for-alstom The battle to take control of Alstom intensified on Tuesday, with Siemens and Mitsubishi seeking to thwart a bid by GE by inviting the French state to take a stake in the energy and rail company. GE says it will not enter a bidding war. https://www.thelocal.fr/20140618/alstom-general-electric-mitsubishi-siemens Wed, 18 Jun 2014 10:33:46 +0200 alstom-general-electric-mitsubishi-siemens Japan's Mitsubishi Heavy Industries is offering to buy a 10 percent stake in Alstom, a report said Sunday, as it seeks to sweeten a joint bid with Siemens to acquire some of the French firm's energy assets. https://www.thelocal.fr/20140615/mitsubishi-offers-to-buy-alstom-stake Sun, 15 Jun 2014 13:25:00 +0200 mitsubishi-offers-to-buy-alstom-stake Japanese engineering giant Mitsubishi Heavy Industries has joined the international battle to buy the massive energy operation of French group Altsom. The struggle to own Alstom has prompted nationalist opposition in France. https://www.thelocal.fr/20140611/japanese-join-race-for-frances-alstom Wed, 11 Jun 2014 16:21:00 +0200 japanese-join-race-for-frances-alstom