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Alcatel-Lucent widens net loss, but beats sales expectations
The company, which has about 2,000 employees in Ottawa, posted a net loss of $184 million in its second-quarter results released on Friday, far outstripping analyst predictions of $44 million. A year ago, Alcatel-Lucent made a profit of $14 million due
Air Liquide acquires assets and business activities of Lion Copolymer Geismar
Air Liquide S.A., a France-based supplier of industrial and medical gases and related services, has acquired the assets and business activities of Lion Copolymer Geismar Services (LCGS), a US-based provider of industrial utilities. The acquired
European stocks close lower
European stock markets closed lower on Friday after weaker-than-expected US growth figures stirred concern about the strength of the economic recovery, dealers said. The figures showed the US economy grew 2.4 per cent in the second quarter, short of
BT may bid for UK mobile spectrum - CEO
Ian Livingston insists cost cutting, network investment, improving processes higher on telco's agenda. BT Group PLC may bid for mobile spectrum in the U.K. government auction, but it's not high on the telecommunication firm's to-do list, Chief Executive
Hong Kong billionaire Li Ka-Shing to Buy EDF's UK grid network for $9bn
- A consortium controlled by Hong Kong billionaire Li Ka-Shing has offered Friday to buy the UK electricity networks of French power group EDF Energy for GPB5.78bn ($9bn). The consortium comprises Cheung Kong Infrastructure Holdings Ltd. or CKI, a major
Speaking for BP
WEB EXCLUSIVE By Adam Kerlin Adam Kerlin is an AJR editorial assistant. T In contrast, it's hard to find something residents of the Gulf Coast state hate more than the BP oil disaster, which has spewed record-breaking amounts of oil into the Gulf of
Siemens Corp. Appoints Camille Johnston As VP, Corporate Affairs
Siemens Corp., a U.S. subsidiary of Siemens AG (SI), said it has appointed Camille Johnston as Vice President, Corporate Affairs, effective September 7.In this position, she will be a member of the U.S. leadership team and will be responsible for
BP to try well kill Tuesday as U.S. Congress debates reforms
A crew member aboard a US Coast Guard plane looks over the Discoverer Enterprise drillship at the site of the Deepwater Horizon oil disaster in the Gulf of Mexico off the Louisiana coast July 23, 2010. Incoming BP Chief Executive Bob Dudley said the
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