General Electric

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Siemens chief executive Joe Kaeser pushing ahead with broader changes in the structure of the company.

Siemens AG is planning to cut about 6,900 jobs and close at least two sites as Europe’s biggest engineering company attempts to turn around its strugg(...)

In London, equities closed at nearly six-week lows, dragged down by financial sector shares and ceding earlier gains fuelled by the weak pound. Photograph: PA

European shares dipped on the back of speculation over British political instability and the possible effect of this on Brexit talks. In London, equ(...)

The company on Monday cut its quarterly dividend to 12 cents per share, from 24 cents, starting in December. It  plans to shrink to focus on aviation, power and healthcare

General Electric will radically shrink to focus on aviation, power and healthcare, betting on sectors it thinks it can make profits in, as the most fa(...)

The world’s largest wind turbine manufacturer Vestas warned that competition was hurting margins.  Photograph: Bloomberg via Getty Images

Shares in Vestas plunged 20 per cent after the world’s largest wind turbine manufacturer lowered its profit guidance on the prospect of cuts in US sub(...)

Number 37 and 38 Capel Street in Dublin has been sold to a private investor for €3.5 million

A private investor has bought two shops and 11 overhead apartments at 37 and 38 Capel Street, Dublin 1, for €3.5 million – more than €500,00 above the(...)

Jay McKee (44), of Sachse Construction, meets with his mentor Erika Lawson (28) in Detroit. Photograph: Laura McDermott/The New York Times

Junior office workers once had a fairly predictable set of daily tasks. Write the sales memo. Build the PowerPoint. Make the coffee. Now, many young p(...)

US stocks traded in a narrow range, with losses in industrial shares led by General Electric offsetting gains elsewhere. Photograph: Spencer Platt/Getty Images

European shares edged higher on Monday, but underlying concerns surrounding the political crisis in Catalonia and the potential for contagion continue(...)

CRH buoyed by renewed hopes that US president Donald Trump will be able to push through infrastructure spending plans

Irish shares closed higher on Friday, with Iseq index heavyweight CRH buoyed by renewed hopes that US president Donald Trump will be able to push thro(...)

GE reported that adjusted profit decreased to 29 US cents a share for the third quarter, falling well short of the 50-cent average of analysts’ estimates. Photograph: Urs Flueeler/EPA

General Electric slashed its profit forecast as earnings fell far short of expectations, underscoring the severity of the challenges facing the compan(...)

AP McCoy will talk to Paddy Power at the One-Zero 2017 conference on Tuesday. Photograph: Dan Sheridan/INPHO

Monday, October 16th Results: Kuehne and Nagel, Netflix. Indicators: Irish goods exports and imports (Aug); Euro zone balance of trade (Aug). Tuesd(...)

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