Tag Archives: GE

SMFG agrees to buy GE's Japan leasing business for $4.8 billion

By Taiga Uranaka TOKYO (Reuters) – Sumitomo Mitsui Financial Group Inc (SMFG) <8316.T> agreed to buy General Electric's Japanese leasing business for $4.8 billion (3.17 billion pounds), the two companies…

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GE to sell UK home lending portfolio to Blackstone-led consortium

(Reuters) – General Electric Co said on Monday it would sell its $5.9 billion (£3.9 billion) worth portfolio of UK home loans to an investment consortium led by Blackstone Group…

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'Generous And Loyal' Briton Among 129 Victims

A British man who was among at least 129 people killed in the Paris attacks has been named as Nick Alexander. The 36-year-old from Colchester, Essex, died at the Bataclan…

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Emirates signs $16 billion engine deal with GE for 777x fleet

DUBAI (Reuters) – Dubai's Emirates airlines on Monday said it signed a $16 billion service contract with GE's aviation unit for engines powering the airline's 777x fleet. The contract will…

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Exclusive – Three buyout funds vying for GE's $7 billion French banking arm: sources

By Pamela Barbaglia & Anjuli Davies LONDON (Reuters) – Three buyout funds are vying to buy General Electric's banking unit in France as the U.S. conglomerate presses ahead with its…

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GE power chief Bolze says 'ready to roll' on Alstom deal

By Lewis Krauskopf (Reuters) – The head of General Electric Co's power division said on Tuesday the company will come "out of the box very strong" as it seeks to…

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GE offers concessions in bid for EU clearance of Alstom deal

By Foo Yun Chee BRUSSELS (Reuters) – U.S. conglomerate General Electric has offered concessions in an attempt to counter EU regulatory concerns approximately its 12.4-billion-euro (9 billion pound) bid for…

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Reliance Industries says to invest $39 billion in 'Digital India' program

MUMBAI (Reuters) – India's Reliance Industries Ltd plans to invest approximately 2.5 trillion rupees ($39.3 billion) in digital initiatives, Chairman Mukesh Amabani said on Wednesday. He did not donate a…

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GE to sell European private equity financing unit to SMBC

By Taiga Uranaka TOKYO (Reuters) – General Electric Co said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp (SMBC) for…

Hur reaches 8 under to lead LPGA's NW Arkansas Championship

ROGERS, Ark. (AP) — Azahara Munoz hasn't been one to make excuses approximately her struggling golf game since surgery on her left hand to remove a benign tumor in March….