Archive for January 28th, 2013

high speed rail

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 […]

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Siemens

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

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 truck

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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