Embattled GE plans thousands of layoffs amid cost cutting
The company is selling off more than $20 billion in assets to right the ship
New York - Arab Today
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.
Source:AFP
GMT 13:04 2017 Thursday ,07 December
GE says it will cut 12,000 jobs in power unitGMT 12:26 2017 Monday ,12 June
General Electric announces retirement of CEO Jeff Immelt
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 12:12 2018 Saturday ,06 January
Two minor quakes 'wrongly trigger' Japan's alert system
GMT 17:32 2017 Saturday ,22 April
The State of Qatar Condemns Paris Shooting
GMT 00:47 2017 Thursday ,07 December
Oman Minister Responsible for Foreign Affairs Meets Qatar’s Minister of FinanceGMT 06:04 2011 Monday ,08 August
Philippines honours Santo Niño
GMT 17:29 2017 Thursday ,15 June
Stock markets gain AED4 billion as Emaar spikes to AED7.83
GMT 02:00 2017 Tuesday ,05 September
Pending Trump immigration action could pressure Hill to act
GMT 19:09 2017 Friday ,25 August
Libya ex-premier freed after nine-day kidnapping
GMT 11:07 2017 Sunday ,28 May
Huge fire at Imbaba market destroys stalls, nearby apartments
GMT 20:59 2017 Monday ,10 July
Arab media committee in solidarity with Egypt in face of suicide
GMT 15:13 2017 Monday ,21 August
China Unicom shares soar on $11.7 bn stake sale plan
GMT 12:10 2018 Friday ,14 September
Roscosmos, NASA heads to meet on October 10GMT 14:02 2012 Tuesday ,07 February
Connected by displacement
GMT 10:48 2017 Monday ,21 August
Government's keenness on serving Bahrain stressed
GMT 17:12 2017 Friday ,08 September
PLO outraged over 85% increase in Israeli settlement activity
GMT 13:38 2017 Wednesday ,01 November
Russian money is key as Balkan retail giant's fate plays out
GMT 10:55 2017 Friday ,29 September
Hussein Fahmy chose 3 films to be presented
GMT 20:31 2017 Sunday ,19 November
Dozens of prisoners freed from Taliban jail
GMT 00:08 2017 Saturday ,04 March
Indian High School in Dubai to be IELTS registration centre
GMT 10:16 2017 Thursday ,31 August
Haifa Wahby refuses to sing poem offered
GMT 22:33 2017 Saturday ,22 April
Japanese PM Urges N. Korea to Refrain from Provocations
GMT 02:20 2016 Wednesday ,14 December
Study: Global warming is melting mountain glaciers
GMT 17:00 2017 Sunday ,26 February
Ideen Belmahdy happy to be part of “ Fashion Star”
GMT 13:58 2017 Tuesday ,09 May
Indian tycoon Vijay Mallya guilty of disobeying top court
GMT 22:29 2017 Sunday ,18 June
Eid holidays announced for public and private sectors in Oman
GMT 15:10 2017 Sunday ,04 June
Hundreds of Juventus fans injured in stampede in Turin
GMT 21:02 2017 Saturday ,15 April
Sri Lanka rubbish dump landslide kills 6
GMT 02:27 2017 Tuesday ,17 October
Migrant spouses who fail English test may have to leave UK, says Cameron
GMT 14:14 2017 Wednesday ,29 November
Abbott Lyon reveals collaboration
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor