US giant General Electric faces millions in penalties over French jobs pledge

US giant General Electric faces millions in penalties over French jobs pledge

US conglomerate General Electric will have to pay millions of euros in penalties in France if it fails to uphold its pledge to create 1,000 new jobs by year end, a government official said Sunday.

EU probes GE’s €12bn purchase of Alstom

EU probes GE’s €12bn purchase of Alstom

France gives green light to GE takeover of Alstom

France gives green light to GE takeover of Alstom

France buys Alstom stake to pave way for GE

France buys Alstom stake to pave way for GE

US and German rivals in bidding war for Alstom

US and German rivals in bidding war for Alstom

Battle for Alstom heats up after joint bid unveiled

Battle for Alstom heats up after joint bid unveiled

GE pledges to create 1,000 new jobs in France

GE pledges to create 1,000 new jobs in France

Alstom: General Electric grants Paris more time

Alstom: General Electric grants Paris more time

France boosts veto rights over foreign takeovers

France boosts veto rights over foreign takeovers

France rejects GE bid for Alstom ‘in current form’

France rejects GE bid for Alstom ‘in current form’

Alstom approves €12.35b bid from General Electric

Alstom approves €12.35b bid from General Electric

Alstom: Intervention by government is all ‘noise’

Alstom: Intervention by government is all ‘noise’

Battle for Alstom: Saving jobs is key for Hollande

Battle for Alstom: Saving jobs is key for Hollande