German rail operator seeks Chinese suppliers BERLIN, Nov 17- Deutsche Bahn will open a procurement bureau in the Chinese city of Shanghai next week as it seeks to expand its range of international suppliers, it said on Tuesday. European and U.S. train makers are facing increased competition from China's CRRC Corp, the world's biggest train maker by revenue, both in China and increasingly elsewhere.
U.S. judge sentences Alstom in bribery case, $772 mln fine District Judge Janet Bond Arterton in New Haven followed Alstom's plea on Dec. 22, 2014, to charges it violated the federal Foreign Corrupt Practices Act by falsifying its books and records, and failing to implement adequate internal controls. Alstom pleaded guilty after a probe in which investigators found it paid more than $75 million in bribes over a decade...
| By: Jonathan Stempel
UPDATE 2-GE, Alstom land $5.6 billion deals to supply Indian railway *Alstom contract worth $3 bln inc. new factory. NEW DELHI, Nov 10- General Electric and Alstom have won contracts worth a combined $5.6 billion to supply India's railways with new locomotives, as the vast but dilapidated state-owned network looks to foreign companies to help it modernise. France's Alstom has been picked to supply 800 electric locomotives and...
| By: Tommy Wilkes
UPDATE 1-Alstom closes sale of energy business to GE PARIS, Nov 2- French group Alstom said it had completed the 12.35 billion euro sale of its energy business to General Electric Co.. Alstom, which previously announced that it aimed to complete in the fourth quarter a sale transaction that will refocus it on the transport sector, said on Monday it planned to return between 3.2 and 3.7 billion euros of the sale...