NEW YORK/LONDON - Industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc for all cash, according to people familiar with the matter, in a move that would significantly boost the German company's oil and gas business in North America.
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TOKYO - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.
BERLIN - Germany's defense ministry is demanding price cuts and longer cancellation periods on the A400M military airlifters it has ordered from Airbus, but which will be delivered later and less equipped than planned, a newspaper reported on Sunday.
While the United Kingdom remains united, secession movements elsewhere are still going strong.