General Electric Co chief executive Jeffrey Immelt said on Wednesday he wants the United States and China to open their borders for truly free trade between the world's top two economies, rather than hiding behind protectionist walls.
Five deals that General Electric Co signed with Chinese partners this week will generate more than $2 billion of revenue over the next decade for the U.S. conglomerate, including about $1 billion of exports from the United States, GE said on Wednesday.
While Chinese President Hu Jintao is being entertained by U.S. President Barack Obama, and the U.S. House of Representatives votes to repeal the Obama administration’s healthcare reform law, both U.S. healthcare and Sino-American relations are the main components today of a less highly publicized event.
The government of China government has placed an order for 200 Boeing planes, according to senior U.S. government officials, as part of a $45-billion export deal with China.
Executives from General Electric, Microsoft, Goldman Sachs, Coca-Cola, Boeing, Intel and Carlyle Group will be among U.S. business leaders at a meeting on Wednesday hosted by U.S. President Barack Obama with Chinese President Hu Jintao, a White House official said.
Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.
Chinese President Hu Jintao arrived in the United States on Tuesday for a four-day state visit peppered by U.S. complaints about Beijing's currency policies but sweetened by some $8.5 billion in business deals.
The U.S. Department of Justice has followed the FCC and given the nod to the NBC-Comcast deal.
FCC approves the deal by a four-to-one vote.
U.S. bank stocks are flying high, and this week's earnings could give investors more reason to be optimistic about the sector.
Several U.S. business leaders will meet with Chinese chief executives in Washington during President Hu Jintao's visit next week, all seeking new deals to tap into economic growth in China.
An improving global economy, solid corporate earnings and even easing fears about euro zone debt have been more than enough to rationalise the rising hunger for riskier assets now prevalent on financial markets.
Artificial knee and hip maker Smith & Nephew said on Friday it was not in talks on a merger or takeover, after a report it was weighing a deal with privately owned U.S. rival Biomet sent its shares higher.
Bookseller Borders Group Inc told publishers in a meeting it was close to securing refinancing from GE Capital and other lenders, the New York Times reported, citing people familiar with the matter.
Export-driven software services companies are set to report robust growth in quarterly earnings and a firm outlook, driven by an expected increase in clients' technology budgets.
BAE Systems Plc will cancel the auction of its Platform Solutions unit and keep the division after months of talks with potential buyers resulted in no agreement, the company said on Tuesday.
Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, on Monday said it has bought nearly 63 percent stake in India’s sixth biggest software exporter Patni Computer Systems for $1.22 billion in shares.
The recent spate of energy diplomacy between china and United States have resulted in China slash export quotas of rare earth mineral by half in 2011.
The XB-70 Valkyrie was much more than an exhibit at the National Museum of the US Air Force, Ohio. It was a unique concept turned to realty, pushing all the horizons of aeronautical engineering.
General Electric Co plans to put aside another $500 million to dredge toxic chemicals it dumped into New York's Hudson River more than 30 years ago, bringing the clean-up bill to $1.33 billion over two decades.
With American businesses holding nearly $2 trillion on their books, President Barack Obama said on Wednesday that a meeting with corporate executives of 20 of the largest U.S. companies will help elicit a variety of ideas to grow the economy and boost jobs amid an anemic recovery.
General Electric Co said on Tuesday demand for its industrial products and sales in China will allow it to post strong profit growth in 2011 even as margins come under pressure from costs related to research and acquisitions.
