Friday 29 August 2014
 
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GE

GE to invest $2bn in Africa By 2018

GE is set to invest $2 billion in facility development, skills training and sustainability initiatives across Africa by 2018. The announcement was made ahead of the US-Africa Leaders Summit, where GE will host African and global g

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GE unveils IPO plan to raise $3.1bn

The success of General Electric's (GE) impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led US economic recover

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Emirates signs $13bn MRO deal with GE

Dubai-based carrier Emirates Airlines has signed a 12-year agreement with General Electric for the maintenance, repair and overhaul of its new GE9X engines.   The $13 billion order is for engines that will power

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Emirates signs $13bn service contract with GE

Dubai-based carrier Emirates Airlines has signed a 12-year agreement with General Electric for the maintenance, repair and overhaul of its new GE9X engines.   The $13 billion order is for engines that will power

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France picks GE for Alstom venture

France has chosen General Electric to form an alliance with Alstom - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 per cent stake in the hotly-contested com

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GE pledges 1,000 French jobs as part of Alstom deal

General Electric (GE) strengthened its position in the battle for the power arm of French group Alstom yesterday with a pledge to create 1,000 jobs in France and recognition from Paris that it had made a more acceptable offer. GE

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GE unit to offer training for English teachers

GE Foundation, the philanthropic unit of GE, which focuses on education and the environment, has teamed up with the US educational organisation AmidEast, to offer professional training for English language teachers in the Mena region.

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Siemens 'offers cash, trains swap for Alstom power'

German engineering group Siemens is offering Alstom half of its train-making business plus cash in exchange for its French rival's power turbines division, Le Figaro newspaper reported on Sunday. Le Figaro said it had seen the

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GE, Aramco launch desal efficiency challenge

GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving energy efficiency of seawater desalination. The $200,000 challenge wil

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US firms in landmark move to sell jet parts to Iran

US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities. At le

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