General Electric
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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…
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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…
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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…
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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…
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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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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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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…
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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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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.