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World 17 Sep 2020 | 5:17 AM

Bombardier to sell rail business to Alstom at lower price

MONTREAL, Sept. 16 (Xinhua) -- Montreal-based Bombardier announced Wednesday that it has signed a definitive agreement for the sale of its rail unit to French train giant Alstom at a lowered price from a memorandum of understanding between the two companies earlier this year.

Business 18 Feb 2020 | 7:00 AM

Alstom in talks to buy Bombardier’s train business

LONDON: French train maker Alstom SA confirmed it’s in discussions to acquire the rail business of Bombardier Inc in a fresh attempt to bulk up against Chinese competition.

Corporate News 08 Feb 2020 | 7:00 AM

High-profile corruption cases that shook the corporate world

IT is no secret that corruption and bribery is rampant in the corporate world. Across the globe, many corporations have offered – and continue to offer – some form of payment in return for contracts or favours from government or other companies.