Timeline: Bombardier’s journey from Ski-Doo maker to business jet maker
(Reuters) – Alstom SA on Monday agreed to buy Bombardier Inc’s train business for up to 6.2 billion euros ($6.7 billion), days after Airbus SE agreed to buy out Bombardier’s…
EU antitrust policy under fire after Siemens-Alstom deal blocked
BRUSSELS/ZURICH (Reuters) – Siemens and Alstom’s plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for an…
CSX profit tops Wall St target on cost cuts, pricing power
(Reuters) – CSX Corp (CSX.O) on Tuesday posted quarterly profit that topped Wall Street’s target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising…
U.S. East Coast refiners look to Texas crude for discounted oil
NEW YORK (Reuters) – U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy discounts for West Texas crude and are also looking to…