Archive for January 28th, 2013
UK business groups welcome proposals for northern route of high-speed rail network
Business groups today welcomed the UK government’s announcement of its proposed route for the second phase of the HS2 high-speed rail network. CBI director general John Cridland said that HS2′s northern phase would boost the economic potential of some of …
Germany’s Siemens hires Rothschild to divest security products unit
German engineering group Siemens AG (ETR:SIE) intends to divest its Sweden-based security products business and has appointed investment bank Rothschild to advise it on the process, Bloomberg reported
Ryanair proposes remedies to Air Lingus deal to win EU support
Irish airline Ryanair Holdings Plc (LON:RYA) has proposed a radical and unprecedented remedies package to win EU support for its planned buy of rival Aer Lingus Group Plc
Volvo to invest $900m in joint venture with Chinese truck maker Dongfeng
Swedish truck maker AB Volvo (STO:VOLV-B) said it would pay CNY5.6bn (USD900m/EUR669m) for 45% in a new venture with Chinese peer Dongfeng Motor Group Company Ltd (HKG:0489), or
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