GE seeking to shed troubled insurance business: Sources
General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with the matter said on Tuesday.
PARIS: US conglomerate General Electric will have to pay millions of euros in penalties in France if it fails to uphold its pledge to create 1,000 new jobs by year end, a government official said on Sunday (Jun 17).
GE made the promise as part of its 2014 purchase of Alstom's power and electrical ...
KUALA LUMPUR (June 18): Moody's Investors Service has maintained that the banking system in Malaysia will stay stable for the next 12 to 18 months, as Malaysian banks are seen to benefit from robust macroeconomic conditions in and outside the country, although policy uncertainty poses a risk.