Turbines built by GE create a third of the world’s electricity. But with a $9.8 billion loss and the looming risk of being dropped from the Dow, GE is in a real-time meltdown. From New...
The US industrial giant – General Electric has slashed its dividend in half amid plans to significantly retool the conglomerate on the back of annual profit projections that were well below what investors had been...
Recently China’s largest online direct sales company Jingdong, or jd.com (JD), successfully launched its initial public offering and raised $1.8 billion on the Nasdaq. Very soon, its domestic rival, Alibaba (ABABA), the largest e-commerce company in China, as well...
