Embattled GE plans thousands of layoffs amid cost cutting
Struggling industrial conglomerate General Electric
New york - Emirates Voice
Struggling industrial conglomerate General Electric announced Monday it will cut thousands of jobs to reduce costs, while shrinking its business to focus on aviation, healthcare and energy.
The maker of jet engines and power turbines, whose market capitalization has collapsed by more than $100 billion since January, will sell parts of its transportation and electricity businesses.
The company is selling off more than $20 billion in assets to right the ship, and also will exit the oil services business Baker Hughes, in which it currently has a controlling stake.
GMT 11:57 2018 Saturday ,13 January
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US stocks finish lower, ending streak of recordsGMT 04:22 2018 Tuesday ,09 January
S&P 500, Nasdaq end at records for 5th day; Dow ends lowerGMT 04:36 2018 Saturday ,06 January
All 3 major US stock indexes end at fresh records again; Dow +0.9%GMT 04:50 2018 Friday ,05 January
Dow ends above 25,000 for 1st time, extending US stocks rally
- Saturday ,06 January GMT 04:36 2018 All 3 major US stock indexes end at fresh records again; Dow +0.9%
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 10:08 2018 Wednesday ,24 January
Microsoft to open 4 data centres
GMT 04:54 2018 Tuesday ,23 January
Sundance debuts dark tale of triplets split at birth
GMT 05:04 2024 Tuesday ,06 February
Skincare PR Performance Full Year 2017
GMT 12:13 2016 Thursday ,29 December
Scarlett Johansson named biggest box office draw
GMT 11:22 2018 Tuesday ,23 January
to 'eternal style' of late Alaia
GMT 22:04 2018 Saturday ,06 January
Ian Botham at the crease in Sharjah
GMT 17:52 2017 Monday ,18 September
Online registration for issuing, renewing driving licence
GMT 10:49 2017 Wednesday ,22 March
UN rejects coalition call to supervise Yemen port
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 22:40 2016 Tuesday ,31 May
Messi absent as his tax fraud trial opens in Spain
GMT 03:13 2016 Thursday ,01 September
Pilot of crashed Swiss fighter jet found dead
GMT 12:36 2016 Wednesday ,24 August
Aretha Franklin cancels shows on doctors' orders
GMT 06:35 2017 Thursday ,04 May
UAE and China joining hands
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 11:19 2016 Tuesday ,27 December
Sydney-Hobart record set to fall
GMT 08:30 2018 Thursday ,04 January
L’Oréal Professionnel unveils Alexa
GMT 08:12 2017 Saturday ,16 September
Fati received offer to participate in American film
GMT 09:02 2017 Sunday ,08 October
Cornerstone boss hits out in Doha
GMT 20:35 2017 Tuesday ,12 December
Aussie media slams England 'tourists masquerading
GMT 11:19 2017 Thursday ,07 December
Israel says F-35 stealth fighter jets operational
GMT 08:43 2016 Friday ,15 January
Auto titans Fisker, Lutz unite to build American supercars
GMT 04:48 2017 Sunday ,09 July
U.S. to test THAAD as tensions with North Korea mount
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All rights reserved to Arab Today Media Group 2025 ©
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