Siemen's Chief Executive Joe Kaeser said on Tuesday (June 17) he saw no reason to improve his company's offer after the French government raised the stakes in the battle for the power assets of engineering group Alstom on urging the Germany company and its rival bidder General Electric and to come up with better offers.

Paris expects improved offers ahead of 23 June deadline imposed by GE for its bid.

Siemens and Mitsubishi have proposed transactions estimated to be superior to General Electric's bid.

Mitsubishi plans to buy part of French conglomerate Bouygues's 29% stake in Alstom.

Three-party bid could better help repel a near $17bn rival offer by General Electric.

General Electric has already offered to buy Alstom's power unit for about $17bn.

IBTimes UK's exclusive investigation shows how pressure from the US sanctions regime is bankrupting British businesses.

European telecom's giant said it is part of its restructuring plan, dubbed 'Vision 2020'

GE CEO Immelt says group to make detailed commitments to boost jobs in France.

Paris examining all-French solution for Alstom, says industry minister Arnaud Montebourg.

GE CEO Immelt says he expects Alstom deal to close.

Siemens will have nine divisions compared to 16 at present, under new structure.

Rolls-Royce's stock price opened 2% down on flat profits for 2014

Alstom to make statement about the GE and Siemens offers on 30 April.

German group set to pay nearly one billion pounds for the deal

Siemens paid $800m to US Justice Department in 2008 to settle global bribery scandal.

Manufacturing giant Siemens is to create up to 1,000 jobs as it invests £160m in wind turbine production and facilities in Yorkshire.

The German firm says the Green Port Hull project has been in the making for around four years.

Apple CFO Peter Oppenheimer will retire at end of September, replaced by Italian Luca Maetri.

Hayman Capital Management believes investors can still profit by lending to Argentina.

Whistleblower says US spies on industries abroad in national interest.

Siemens' shares gain over 4% in Frankfurt.

ECB may lower its main refinancing rate.

Plan drawn up to help organisation increase competitiveness.

Ackermann said to be leaving Siemens shortly, but did not comment.

Former Deutsche Bank Chief Executive Josef Ackermann said on Thursday (September 12) that he would step down from the supervisory board of German engineering conglomerate Siemens, where he is second deputy chairman.

Josef Ackermann described as both most powerful and most dangerous banker in the world.

Senior NDRC official reportedly told 30 foreign firms 'if you put up a fight, I could double or triple your fines'.

Bechtel, Aecom and Siemens among those involved with $22.5bn Riyadh metro rail system.

Siemens Chief Executive Peter Loescher is to leave the company, four years before the end of his contract, after the German engineering group this week issued its second profit warning this year.