Siemens Launches Group Bid for Alstom’s Energy Unit

June 16 (Bloomberg) -- Bloomberg’s Julie Hyman reports that Siemens is leading a joint bid with Mitsubishi Heavy Industries and Hitachi Ltd. to carve up Alstom’s energy units in a challenge to General Electric’s $17 billion offer for the company. She speaks on Bloomberg Television’s “Market Makers.”

Singapore Airlines Warns of Tougher Days
08:50 - Singapore Airlines issued a warning on future turbulence despite seeing a profit jump of 181%. Bloomberg's Kyunghee Park reports on "Trending Business." (Source: Bloomberg)
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