Airbus, Boeing announce $20bn in orders as Paris Air Show takes off

Last Updated: Monday, June 15, 2015, 22:33

Airbus and Boeing got their sales war off to a flying start at the world`s premier air show near Paris on Monday with nearly $20 billion (18 billion euros) in orders.

GE in talks with Element Financial on fleet assets sale

Last Updated: Wednesday, May 27, 2015, 08:48

While a deal has not yet been reached, GE hopes to draw up terms of a sale by the end of the quarter, Bloomberg reported.

GE unveils digital wind farms in power push

Last Updated: Thursday, May 21, 2015, 16:29

US-based General Electric on Thursday rolled out digital wind farms (DWFs) that can boost power production by up to 20 percent and help generate about USD 50 billion of value for the wind industry.

CCI approves acquisition of Alstom's India assets by GE

Last Updated: Tuesday, May 19, 2015, 19:18

Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Alstom's India assets by General Electric as part of global deal.

GE says EU has halted review of Alstom deal

Last Updated: Tuesday, May 12, 2015, 08:36

The European Commission`s suspension of the review procedural and does not signify a major barrier to winning approval, GE spokesman Seth Martin said Monday.

Yet to decide on roping in partner for credit cards biz: SBI

Last Updated: Thursday, May 7, 2015, 16:57

Country's largest lender SBI today said it is yet to decide on roping in a partner for its credit cards business after its long-time associate GE Capital has announced to exit financial business globally.

GE ties up with Qualcomm, Apple in new lighting business bet

Last Updated: Monday, May 4, 2015, 22:18

General Electric Co on Monday announced collaborations with Qualcomm Inc and Apple Inc as it uses digital technology and the growing appetite for data to reinvigorate its 130-year-old lighting business.

GE in talks to sell lending, leasing portfolio to Wells Fargo: Source

Last Updated: Monday, April 20, 2015, 23:43

General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.

GE to sell bulk of finance unit, return up to $90 billion to investors

Last Updated: Friday, April 10, 2015, 23:32

Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.

GE to sell real estate holdings, sets $50 billion share buyback

Last Updated: Friday, April 10, 2015, 17:38

General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for $26.5 billion, in the biggest commercial real estate deal since 2007.

EU probes 12.4-bn-euro GE-Alstom deal

Last Updated: Monday, February 23, 2015, 22:22

EU competition regulators launched Monday a probe into US group General Electric`s planned 12.4-billion-euro ($14.1-billion) acquisition of the energy business of French rival Alstom.