In blow to Trump, GE backs NAFTA and voices support for Mexico

EghtesadOnline: General Electric on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch.

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Publish Date:13/May/2017 | 06:28

GE profit rises 36 percent, but sales slow

EghtesadOnline: General Electric Co (GE.N) reported a 36 percent jump in fourth-quarter earnings on Friday, helped by strength in its power and renewable energy businesses, and it affirmed its growth and profit forecasts for 2017.

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Publish Date:20/January/2017 | 15:03

GE to sell $3 billion industrial solutions business

EghtesadOnline: General Electric Co said on Wednesday it would sell its $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.

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Publish Date:15/December/2016 | 09:28

Oilfield services shakeup in cards after GE-Baker Hughes deal

EghtesadOnline: General Electric Co's deal with Baker Hughes Inc to create the world's No. 2 oilfield services business is the clearest signal yet that consolidation is picking up in the energy sector as companies face long-term lower oil prices.

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Publish Date:01/November/2016 | 24:03

GE nears about $30 billion deal with Baker Hughes: WSJ

EghtesadOnline: General Electric Co is nearing an about $30 billion deal to merge its oil and gas business with Baker Hughes Inc, the Wall Street Journal reported on Sunday.

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Publish Date:31/October/2016 | 04:34

GE shifts strategy, financial targets for digital business after missteps

EghtesadOnline: General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.

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Publish Date:28/August/2017 | 06:15

Aramco Plans at Least 10 Energy Deals During Trump Visit

EghtesadOnline: Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visits Saudi Arabia, according to two people familiar with the matter.

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Publish Date:17/May/2017 | 06:33

Iran electricity market can absorb $800 m: General Electric

EghtesadOnline: Iran's electricity industry is potentially capable of absorbing 700 – 800 million dollars of investments, says the American giant company General Electric .

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Publish Date:07/November/2016 | 20:45

GE gets offer for French mortgage business

EghtesadOnline: General Electric Co on Friday received an offer for its French prime mortgage portfolio, as the company proceeds with efforts to divest its finance arm's assets.

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Publish Date:13/August/2016 | 07:45