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French government acknowledges improved GE deal on Alstom

The French government has recognised an improved offer from General Electric, following a meeting between that company's chief executive, Jeff Immelt and President Hollande.

Less than a week for GE to win over EU on Alstom

General Electric has just over a week to offer concessions and head off E.U. regulatory concerns about its $13.7bn bid for Alstom's power unit.

GE announces plans to cut 6,500 jobs in Europe

General Electric has announced plans to cut 6,500 jobs from energy units formerly held by Alstom, which the US giant purchased last year.

GE prepared to concede more to finalise Alstom deal

General Electric has announced that it is willing to offer concessions to satisfy the European Commission that its acquisition of Alstom does not break European competition rules.

GE and Rosneft sign pact to boost Russian gas sector

GE (NYSE: GE) and Russian oil company Rosneft are to form a joint venture to develop expertise and technology solutions for Russia's oil and gas sector.

GE sends top executive to Paris in further talks over $17bn deal

GE sent a top executive to Paris on Friday as it works to save a $17bn deal to buy Alstom's energy business.

Power unit problems cited in disappointing GE results

GE's management have referred to its power unit as an issue in its overall quarterly results performance issued on Friday.

GE says Alstom talks productive but door still open for Siemens

GE chief Jeff Immelt has expressed confidence that his company's $17bn "binding" offer for Alstom will win over both the French power giant's shareholders and the French government, but rival Siemens remains in contention.

Power deals push GE to record order backlog of $229bn

The energy division of GE (NYSE:GE) has helped push the US company to a record order backlog of $229bn.

GE ‘bullish’ about coal-fired power

General Electric is to ramp up the development of its coal-fired power business.