Exclusive: GE"s push to fix power turbine problem goes global

Utilities are shutting down at least 18 of General Electric Co's newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and industry experts......»»

Category: topSource: reutersDec 7th, 2018

China To Build 4 Nuclear Aircraft Carriers In Bid To Rival US Superiority

A bombshell new report outlines an expected Chinese military game-changer that could catapult its navy to rival global US power on the high seas. In a push to compete with US naval powe.....»»

Category: blogSource: zerohedgeFeb 6th, 2019

HSBC bolsters infrastructure, power and real estate teams in expansion drive

HSBC has hired seven new bankers to expand its power, infrastructure and real estate businesses as part of a global push to serve clients across these industries, the investment bank said in a release on Thursday......»»

Category: topSource: reutersOct 4th, 2018

General Electric says blade problem affects more gas turbines

General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE's ailing power unit......»»

Category: topSource: reutersSep 21st, 2018

GE shares drop on turbine problems

General Electric stock plunged after the chief of its power division revealed a problem with its newest line of natural gas-fired power turbines. Roselle Chen reports......»»

Category: videoSource: reutersSep 20th, 2018

GE says four HA turbines in U.S. shut down due to blade problem

General Electric Co said on Thursday that four of its flagship power turbines in the United States have been shut down due to a problem with turbine blades that was discovered at an electrical power plant in Texas owned by Exelon Corp ......»»

Category: topSource: reutersSep 20th, 2018

General Electric confirms blade problem at new Texas power plant

General Electric Co said on Thursday that it had discovered a problem with a turbine blade at an electrical power plant in Texas owned by Exelon Corp ......»»

Category: topSource: reutersSep 20th, 2018

GE power CEO reveals problem with new turbine model, shares drop

General Electric Co shares fell sharply on Thursday after the chief of its power division revealed a problem with its newest line of natural gas-fired power turbines, prompting J.P. Morgan to cut its price target for GE's underperforming stock......»»

Category: topSource: reutersSep 20th, 2018

Google to Provide Android System to Biggest Global Auto Alliance

Google is making a major push into the auto industry, partnering with the Renault-Nissan-Mitsubishi Alliance to use the Android operating system to power media display, marking a major victory for the Silicon Valley tech giant......»»

Category: smallbizSource: wsjSep 18th, 2018

China Targets Apple With Push Into Advanced Screens

China’s campaign to become a global power in advanced manufacturing is playing out at a high-tech factory in Sichuan province, where BOE Technology Group is aiming to supply display screens for Apple’s top-tier iPhones......»»

Category: smallbizSource: wsjJul 22nd, 2018

Exclusive: Russia"s drive to replace Western power technology hits snag

MOSCOW (Reuters) - Russia's drive to build a large power-generating turbine to lessen its dependence on Western technology has suffered a major set-back after a prototype broke beyond repair, two sources familiar with the project told Reuters......»»

Category: topSource: reutersApr 17th, 2018

More shale, who cares? Saudi Arabia pushes for at least $70 oil

Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit and Riyadh's share of global crude markets might be further eroded......»»

Category: topSource: reutersMar 22nd, 2019

Metals Stocks: Gold modestly higher as worries over global growth continue

Gold continues to push higher, overcoming a stronger U.S. dollar as investors reacted to global growth fears that were underlined by a round of downbeat economic data, as well as the Federal Reserve’s dovish tone earlier this week......»»

Category: topSource: marketwatchMar 22nd, 2019

Global X SuperDividend REIT ETF: A Solution In Search Of A Problem?

Global X SuperDividend REIT ETF: A Solution In Search Of A Problem?.....»»

Category: topSource: seekingalphaMar 21st, 2019

CUI Global agrees to terms for approximate 20% interset in Virtual Power Systems

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 18th, 2019

NBCUniversal, Sky team up to expand global advertising product

Comcast Corp is pooling the advertising power of its NBCUniversal and British-based Sky units to better target viewers worldwide, it said on Monday, a major step by the top U.S. cable TV provider to transform itself into a global media leader......»»

Category: topSource: reutersMar 18th, 2019

Exclusive: Indian antitrust watchdog raids Glencore business, others over pulse prices - sources

India's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses, four sources with knowledge of the raids told Reuters......»»

Category: topSource: reutersMar 16th, 2019

The $5 trillion global insurance industry"s natural disaster problem

Extreme weather events are becoming more frequent, and more costly. According to one estimate, natural disasters caused about $340 billion in damage across the world in 2017. And insurers had to pay out a record $138 billion. The $5 trillion global.....»»

Category: topSource: moneycentralMar 15th, 2019

Exclusive: Mayor Briley pursues transit line between SoBro and airport

Mayor David Briley's push for more transit comes 10 months after voters soundly rejected a $5.4 billion transit overhaul proposed by former Mayor Megan Barry......»»

Category: topSource: bizjournalsMar 13th, 2019

Exclusive: Portugal"s EDP could create Latam JV with China Three Gorges if takeover bid fails - sources

Portugal's Energia de Portugal EDP could propose a joint venture with China Three Gorges (CTG) allowing CTG to expand its foothold in Brazil and Latin America if the Chinese power giant's bid to take over EDP fails, people familiar with the matter said......»»

Category: topSource: reutersMar 13th, 2019

OECD seeing less corporate opposition to digital era tax revamp

A global effort to revamp international tax rules for the digital era is receiving less corporate push-back than past attempts, the OECD's head of tax policy said on Tuesday......»»

Category: topSource: reutersMar 12th, 2019