Siemens Lifts Alstom Energy Bid to $19.9 Billion

June 20 (Bloomberg) -- Siemens AG and its partners improved their offer for Alstom SA, valuing the French company's energy assets at 14.6 billion euros ($19.9 billion) and raising the stakes in the takeover battle with General Electric Co. Munich-based Siemens and Japan's Mitsubishi Heavy Industries Ltd. lifted the cash component of the offer by 1.2 billion euros to 8.2 billion euros, they said in a joint statement today. Caroline Connan reports from Paris on Bloomberg Television's "On the Move" with Anna Edwards. (Source: Bloomberg)

Glimpse the Store of the Future
22:51 - With "connected" clothes rails and "smart" mirrors, online luxury retailer Farfetch believes it has created the store of the future. Using the latest software and hardware, the retailer aims to help luxury brands gather more information on customers in stores and online. Bloomberg went to London's Design Museum, where the tech was showcased, to take a sneak peek at what's in store. (Source: Bloomberg)
  • Vanguard's Malloy Sees Small Chance of Le Pen Victory
  • Steve Ballmer: Charlie Rose
  • Axa's Clavent Sees Risk-On Reaction to First Vote