Battle for France's Alstom ramps up

As General Electric and Siemens vie to buy the country's leading energy company, workers worry about possible job cuts.

    The battle to buy one of France's leading energy companies is intensifying.

    Both Siemens and General Electric have expressed interest in acquiring part of the French firm, Alstom.

    But Alstom employees worry that, if GE buys the company, it will strip assets and cut jobs.

    Arnaud Montebourg, France's economy minister, has not ruled out a sale to GE, but he would prefer to make a deal with the German engineering company, Siemens.

    Al Jazeera's Jacky Rowland reports from Paris.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.