Keyword: Mitsubishi

Renault boss Ghosn re-arrested in Japan

Carlos Ghosn, chairman and CEO of French carmaker Renault, and former chairman of Nissan, has been re-arrested in Japan over new allegations of financial misconduct, ending his hopes of a release from custody today after his arrested last month on suspicion of tax fraud.

The Montebourg Method: French minister gives lesson in state intervention over Alstom deal

By

Just a few weeks ago the chief executive of French company Alstom suggested that the group had no alternative but to sell its energy section outright to American firm General Electric. But then the economy minister Arnaud Montebourg stepped into the fray and brokered a deal, agreed last weekend, that offers considerably better prospects for one of France's flagship companies. And in doing so, says Martine Orange, the minister has not only scored a personal political victory, he has also shown that the state is not always powerless to intervene on the industrial landscape.

French government backs GE bid for Alstom

The race of rival bids for French engineering firm's energy arm appeared over as French government backs that of General Electric.

General Electric woos French government with improved Alstom bid

GE's bid for Alstom's energy arm, rivalling that of Siemens and Mitsubishi, now includes offer to leave some assets with the French firm.

French government again tells GE and Siemens to improve Alstom bids

As the deadline looms for sale of French engineering giant's energy arm, Paris threatens veto if counter bids are not improved.