GE posts $10bn loss, sales drop as power weakens
Businessam Staff
January 24, 2018
General Electric Co. forecast further weakening of its troubled power business on Wednesday as it reported a $10 billion loss and a
Warren Buffett makes a case for conglomerates
Businessam StaffNovember 5, 2017
Just when the biggest US conglomerates find themselves having to defend their sprawling structures or be forced to dismantle them,
GE plans sale of industrial solutions unit as it divests non-core assets
Businessam StaffSeptember 22, 2017
General Electric Co. is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd (ABBN.S) in a deal
Nigeria pushes diversification agenda with $41bn investment on rail infrastructure
Businessam StaffAugust 16, 2017
Nigeria is pushing an economic diversification agenda by committing $41 billion to a railway expansion programme, which it hopes will