GE slashes quarterly dividend
(Reuters) – General Electric Co said on Monday it would halve its quarterly dividend to 12 cents per share.
GM’s electric car sales will meet quotas by 2019, says China chief
BEIJING (Reuters) – General Motors Co’s China joint ventures will be able to generate enough new energy vehicle (NEV) sales volume to account for NEV production quotas by 2019 and without the need to buy credits, GM China chief Matt Tsien said on Monda…
Dubai wants guarantee on A380 output before placing new order
DUBAI (Reuters) – Dubai wants a guarantee that Airbus will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places a new order for the world’s largest jetliner, the airline’s president said on Monday.
World stocks lower on U.S. tax reform uncertainty, May’s woes rattle sterling
LONDON (Reuters) – Uncertainty over a U.S. tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain’s pound fell on growing concern about the future of Prime Minister Theresa May.
Aramco plans to spend $300 billion over 10 years in upstream oil and gas: CEO
ABU DHABI (Reuters) – Saudi Aramco plans to spend close to $300 billion over 10 years in upstream oil and gas projects, Chief Executive Amin Nasser said on Monday.
Asia shares slip on U.S. tax uncertainty, sterling falls on doubts over May
TOKYO (Reuters) – Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer out a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leaders…
GM’s China NEV sales will meet quotas by 2019 without need to buy credits
BEIJING (Reuters) – General Motors Co’s new energy vehicle (NEV) sales in China will meet quotas by 2019 without the need to buy credits, GM China chief Matt Tsien said on Monday.
Asia shares down on uncertainty over U.S. tax reform plans, sterling falls
TOKYO (Reuters) – Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership….
GE to focus on three key units, exit most other operations: WSJ
(Reuters) – General Electric Co’s Chief Executive John Flannery plans to disclose a road map for the company on Monday that will focus on three of its biggest business lines – aviation, power and healthcare, the Wall Street Journal reported, citing a …
Asia shares down on uncertainty over US tax reform plans, sterling falls
TOKYO (Reuters) – Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership….




