U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.» Read More
AMSTERDAM, Dec 12- Every year Singaporeans and Malaysians choke on smoke when farmers and plantation firms in neighbouring Indonesia clear the land with fires during the dry season. Last summer, Philips diverted stocks of air purifiers from Hong Kong and China to the area in time for the worst pollution in 16 years.
WASHINGTON, Dec 10- The U.S. consumer financial watchdog on Tuesday ordered a General Electric Co unit to refund up to $34.1 million to customers who it said were misled about healthcare credit cards.
WASHINGTON, Dec 10- The U.S. consumer bureau on Tuesday ordered General Electric Co's GE Capital Retail Bank and one of its subsidiaries to refund up to $34.1 million to customers who it said were misled about healthcare credit cards.
NEW YORK, Dec 6- General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.
PARIS, Dec 5- Airbus and its engine makers have acted to try to shore up the value of second-hand A340 aircraft as the European planemaker tries to reduce its financial exposure to depressed market prices of an aircraft that it no longer produces.
TOKYO, Dec 4- For Japan's electronics firms, the kitchen is the final frontier. Companies from Panasonic Corp to Toshiba Corp are diverting engineers and money away from their TV operations and into developing' smart appliances' after losing out in the living room to cheaper Asian rivals.
*Bidvest, CIH offer to raise Adcock stake to up to 34.5 pct. JOHANNESBURG, Dec 2- A Chilean group's $1.2 billion bid for South African drugmaker Adcock Ingram was challenged on two fronts on Monday, as a group led by Bidvest sought nearly a third of Adcock's shares and launched a court action against the bid.
CHICAGO, Nov 27- U.S. manufacturers are pumping money into domestic operations again, according to government figures. The figures on so-called "capex" spending from the U.S. Commerce Department's Bureau of Economic Analysis offer a glimpse of the investment priorities of a sector that some argue is poised for growth after decades of contraction.
"There's a few areas where we think there are tailwinds to help us along," BlackRock's David Cassese says.
SEATTLE, Nov 27- The U.S. aviation regulator on Wednesday required U.S. airlines to inspect any General Electric Co engines on Boeing Co 787 Dreamliner and 747-8 aircraft that experience icing problems which could lead to loss of thrust and forced landings.
FRANKFURT, Nov 27- German engineer Siemens expects its Infrastructure& Cities business, which has been hit by project delays and restructuring, to reach its profitability target this financial year, it said on Wednesday.
SEATTLE, Nov 27- Icing problems that have occurred on Boeing Co 787 Dreamliner and 747-8 aircraft using engines made by General Electric Co could lead to forced landings, the U.S. aviation regulator said on Wednesday. Boeing and GE had said there were six incidents in which icing occurred, but the FAA's notice cited nine.
SEATTLE, Nov 27- Icing problems that have occurred on Boeing Co 787 Dreamliner and 747-8 aircraft using engines made by General Electric Co could lead to forced landings, the U.S. aviation regulator said on Wednesday. The so-called airworthiness directive from the Federal Aviation Administration had been expected after a series of incidents this year.
Nov 26- General Electric Co said on Tuesday it signed a nearly $700 million deal with Saudi Electricity Co to supply natural gas turbine generators. GE said it currently has more than 500 generators installed in Saudi Arabia, supplying roughly half of the kingdom's power.
The FAA also said it has been working closely with Boeing and GE to monitor and understand these events as the companies develop a permanent solution. Boeing advised airlines on Friday about a risk of engine icing problems on 747-8 and 787 Dreamliner planes with GE engines, urging 15 carriers to avoid flying them near high-altitude thunderstorms.
*Oil falls after Iran deal; energy shares slip. *Facebook and Yelp shares drop. Wal-Mart Stores Inc shares rose 0.8 percent to close at $80.43, off an all-time intraday high of $80.57 after the world's largest retailer said it has chosen its next chief executive.
*Chinese regulator not saying why Qualcomm investigated. Nov 25- Qualcomm Inc said on Monday it faces an antitrust probe in China, sending its shares lower as investors worried the investigation could hurt the chipmaker's business in the fast-growing smartphone market.
CNBC's Phil LeBeau weighs in on Boeing's bid for a new 777 production site, its advising to airlines about a risk of engine icing problems on the new 747-8 and 787 Dreamliner planes, and Fiat putting the brakes on Chrysler's IPO.
*China key growth market for Qualcomm. Nov 25- Qualcomm Inc said China's price regulator has started an investigation of the mobile chipmaker under the Chinese Anti-Monopoly Law, sending the U.S. company's shares down 2.6 percent.
Travel headlines for Monday include holiday storm impacts, a bird strike in New York, and a French pilot strike.