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Sweden out of contention for Australia’s A$50bn submarine project

The list of potential partners for the A$50 billion Australian submarine project has shrunk to three contenders after Prime Minister Tony Abbott announced on...

Mitsubishi Heavy Industries and Siemens announce new joint venture

Japan’s Mitsubishi Heavy Industries Ltd. (MHI) – a world leading heavy machinery manufacturer – and Siemens AG – one of the world's largest producers...

GE on the verge of announcing Alstom deal

The French Government has struck a deal to buy a 20% stake in Alstom from the company's biggest shareholder, Bouygues SA, thus lifting the last...

Siemens and Mitsubishi Heavy Industries establish metals joint venture

Germany’s Siemens and Japan’s Mitsubishi Heavy Industries have signed an agreement to establish a joint-venture company for steel and metal production machinery, which has been...

Mitsubishi Heavy in advanced talks to supply parts for the F-35 stealth fighter

Mitsubishi Heavy Industries is in serious talks to become a supplier for the F-35 stealth fighter to Britain's BAE Systems, according to a Reuters...
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