French firm Alstom wins train contracts in China worth &#36;1.5 billion Cdn
552013
PARIS  - China has awarded Alstom more than &#36;1.5 billion Cdn worth of contracts for trains and locomotives, the French engineering giant said Saturday on the first day of a visit there by President Jacques Chirac.
309842
French state-run company Areva  (CEPFi.PA) has unexpectedly agreed a $5 billion deal to build  two nuclear power plants in China weeks after a U.S. rival  appeared to have won a competition that dragged on for more  than two years.
318984
SHANGHAI, China  - French President Jacques Chirac visited ventures by his countrymen in the business hub of Shanghai on Tuesday as he wrapped up a China trade mission that yielded big contracts but failed to cinch a hoped-for deal on a high-speed railway.
474511
The French state-owned railway system was back in the black in the first half of 2004, posting a parent net profit of 43 million euros (52.4 million dollars) after losing 243 million euros in the first half of 2003, La Tribune economic news daily reported.
466990
BEIJING - A group of state-owned Chinese companies has agreed to help finance and build an iron ore and infrastructure project worth nearly $2 billion (Australian) in the Pilbara region of western Australia.
20918
French President Jacques Chirac said he is ``optimistic&#39;&#39; that China will award more contracts to French companies including Alstom SA, the world&#39;s second-largest train maker, and Areva SA, the No.
540285
French engineering giant Alstom, creator of the high-speed TGV train, unveiled Tuesday a new-generation, super-fast prototype: quicker, cleaner, bigger -- and tailored specially for export.
182583
French engineering giant Alstom unveiled a new super-fast train on Tuesday which it claims will be quicker, cleaner and bigger than its Japanese and German rivals.
636796
MELBOURNE (Dow Jones)--Australian iron ore company Fortescue Metals Group Ltd. (FMG.AU) said Monday it has entered into a contract with China Railway Engineering Corp.
242680
Nokia, the world's largest mobile phone maker has signed two contracts worth over two billion euros (2.54 billion dollars) with Chinese companies China Mobile and PTAC.
623317
Telecoms equipment group Marconi  clinches a major deal allowing it an inroad into China and the rest of Asia.
341961
China spent $2.2 billion ( 1.6 billion) on German planes and trains this week. The Wall Street Journal reported German Chancellor Gerhard Schroeder also called for an end to a European arms embargo on China, as ...
703440
Alcatel-Lucent has agreed to pay $2.5 million in fines to resolve allegations that it provided Chinese government officials with free trips to Disneyland and other tourist attractions.The company has to pay $1 million to resolve U.S. Department of Justice charges that it violated the Foreign Corrupt Practices Act (FCPA) when providing travel and other perks to Chinese government officials, the DOJ said Friday. The company also agreed to pay a $1.5 million civil fine to the U.S. Securities and Exchange Commission.The agreement with the DOJ wraps up a multiyear investigation into whether Lucent, before its November 2006 merger with Alcatel, provided things of value to the Chinese officials and improperly accounted for the expenses.The company cooperated fully with the DOJ and SEC investigations, an Alcatel-Lucent spokeswoman said. The company is &quot;glad to put the matter behind us&quot; and looks forward to successful business dealings in China in the future, she said.From about 2000 to 2003, Lucent spent millions of dollars on more than 300 trips for Chinese government officials that included sightseeing, entertainment and leisure, the DOJ said. The trips were approved by senior Lucent Chinese officials, with the support of Lucent employees in the U.S.Lucent improperly recorded expenses for these trips and failed to implement internal controls to monitor the provision of travel and other things of value to Chinese officials, the DOJ said in a press release.In 2002 and 2003, there were 24 Lucent-sponsored trips for Chinese government customers, and at least 12 trips were primarily for sightseeing, the DOJ said. The people participating in these trips were senior government officials, including the heads of state-owned telecommunications companies in Beijing and the leaders of provincial telecommunications subsidiaries.Between 2000 and 2003, Lucent provided Chinese government officials with trips to the U.S., Europe, Australia and elsewhere that were often characterized as &quot;factory inspections&quot; or &quot;training,&quot; the DOJ said. By 2001, Lucent had outsourced most of its manufacturing and no longer owned factories for its customers to tour. These trips were primarily sightseeing tours to locations such as Disneyland, Universal Studios and the Grand Canyon, and typically lasted 14 days and cost between $25,000 and $55,000 per trip, the DOJ said.Lucent admits to all of this conduct in the agreement announced on Friday. The agreement also requires Lucent to adopt new or modify existing internal controls, policies and procedures. Those internal controls must ensure that Lucent keeps fair and accurate books, the DOJ said. The agency has agreed not to prosecute Lucent if it complies with all of the requirements in the agreement over a two-year term.
556506
PARIS : Alstom, which built the Queen Mary 2 cruise liner and TGV high-speed trains and is a leading maker of power generation equipment, said it has slashed losses and pulled in orders only six months after completing rescue refinancing.
693682
BEIJING Kawasaki Heavy Industries, Alstom of France and Bombardier of Canada have won contracts to help upgrade China&#39;s railway network, the official Xinhua news agency said Sunday.
697874
China's state-owned aluminum giant Chinalco and U.S. partner Alcoa Inc  had agreed to buy up to 14.9 percent of Rio Tinto Plc  this month and had up to $24 billion to spend, according to a January 30 memo.
404228
Kazakhstan's national railway has agreed to spend more than a half-billion dollars to outfit its trains with hundreds of new "environmentally clean" diesel locomotives built by General Electric Co.