• Sat
  • Jul 12, 2014
  • Updated: 2:35am

General Electric

General Electric is one of the largest US companies in the world. It operates in four areas: energy, technology infrastructure, finance and consumer and industrial. In 1896, GE was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average, and it remains the only original company still listed on the Dow although it has not been on the benchmark index continuously.

GE to keep Alstom's nuclear unit in France

General Electric, seeking state approval for its US$17 billion bid to buy Alstom's energy division, will keep the French power equipment maker's nuclear operations in its home country.

Monday, 26 May, 2014, 6:34am

Boeing and General Electric given licence to export jet parts to Iran

The US Treasury Department has issued Boeing and General Electric (GE) with licences to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.

6 Apr 2014 - 7:16am

Chalk failure up to experience, then move on to your next idea

William Zeckendorf, the American property developer who died recently, is not well known in Hong Kong, but he is credited with literally shaping and transforming Manhattan with his buildings.

26 Feb 2014 - 5:20am 1 comment

G.E. rides the same path to health, success

To understand China and how his company might do more business there, Mark Hutchinson got on his bike.

24 Nov 2012 - 3:59am

GE considering future of its 33 pc stake in Bank of Ayudhya: sources

General Electric has hired Morgan Stanley to review its 33 per cent stake in Thailand’s Bank of Ayudhya, which could potentially lead to a sale by the US conglomerate of its near US$2.2 billion holding, sources familiar with the matter said.

17 Sep 2012 - 2:51pm

Global fund houses mull shift in China strategy

Global asset managers, including billionaire investor George Soros and the funds unit of General Electric, appear to be rethinking their strategies for investments in mainland and Hong Kong stocks, given the uncertain outlook.

17 Sep 2012 - 8:20am

G.E. forges on with China tech spend

US-based industrial giant General Electric (GE), which has already delivered on plans to spend US$2 billion to beef up its activities in China, will continue to increase investments in innovation and technology partnerships in the mainland market.

23 Jul 2012 - 12:00am

GE beefs up presence in Chengdu and Xian

General Electric is taking Beijing's 'Go West' campaign seriously, and has added to its facilities in the cities of Chengdu and Xian. Chief executive Jeff Immelt says the US conglomerate is optimistic about growth prospects in the world's second-largest economy.

31 May 2012 - 12:00am

GE and Shenhua in gasification joint venture

General Electric has set up a 50-50 gasification joint venture with Shenhua Group, the country's largest coal producer, as the US conglomerate further consolidates its foothold in China.

11 May 2012 - 12:00am

GE invests US$100m for 7.3pc of Shenzhen bank

The consumer finance arm of United States industrial giant General Electric has agreed to pay US$100 million for a strategic stake in Shenzhen Development Bank, according to sources familiar with the situation.

30 Sep 2005 - 12:00am

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