Weekly markets wrap: European shares shine as US inflation slows

[ad_1] European stocks were looking up this week, following a slowdown in US inflation in October. ADVERTISEMENT The recent US inflation report surprised markets, with year-on-year inflation falling to 3.2%…

Alstom to exit Russia’s TMH by year-end -Ifax cites TMH boss

[ad_1] A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo Acquire Licensing Rights MOSCOW, Nov 17 (Reuters) –…

Alstom mulls capital increase after cash-flow warning

[ad_1] A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo Acquire Licensing Rights Nov 15 (Reuters) – French…

Alstom: Train manufacturer puts 1,300 jobs at risk in Derby

[ad_1] Derby City Council leader Baggy Shanker said: “We’ve been informed by Alstom this morning that after months of talks with government, they must now plan to end the production…

Alstom to Cut Jobs, Scrap Dividend to Accelerate Debt Reduction

[ad_1] Updated Nov. 15, 2023 3:42 am ET Alstom plans to cut around 1,500 jobs and scrap its dividend as part of a cost-savings plan to reduce debt and boost…

Alstom: the French train giant battling to stay on the rails

[ad_1] In 2021, Alstom hailed its acquisition of Canadian rival Bombardier’s train operations as a “unique moment” that would ensure the French company emerged a winner from a new golden…

WSJ News Exclusive | Delays in Acela Upgrade Have Cost Amtrak $140 Million…and Counting

[ad_1] Listen to article (2 minutes) The three-year wait for Amtrak’s overdue new Acela train fleet has cost the railroad $140 million and counting, documents show, a setback for a…

Alstom staff to get dignity, respect, and wellbeing training – East Midlands Business Link

[ad_1] Staff at Alstom’s Derby site are to benefit from dignity, respect, and wellbeing training under and new contract with the University of Derby. Alstom has been working with the…

French train manufacturer Alstom slides over 20% after cash flow downgrade

[ad_1] Shares of French train manufacturer Alstom plummeted up tp 35% on Thursday, according to LSEG data, after the company slashed its free cash flow forecast. Trading of Alstom was…

Opinion: Caisse’s losses mount as Alstom goes off the rails

[ad_1] Open this photo in gallery: French train maker Alstom, after previously projecting ‘significantly positive’ full-year free cash flow, now expects to post negative free cash flow of between €500-million…