CEO of Electrolux to step down Keith McLoughlin, the chief of Swedish home appliances maker Electrolux will retire, the company said today, a month after the biggest deal in the company's … Business • 11 Jan 16
GE calls off Electrolux appliance deal General Electric has walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition … Business • 08 Dec 15
General Electric profit beats expectations General Electric has today posted higher-than-expected quarterly profit, as its businesses producing jet engines and power turbines offset declines in its oil and gas segment. Business • 21 Oct 15
GE receives EU approval for Alstom takeover The EU has announced it has approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for … Business • 08 Sep 15
General Electric reports loss for second quarter General Electric has reported a loss for the second quarter due to restructuring costs, although profits from industrial businesses rose. Business • 17 Jul 15
Electrolux upbeat on Europe and US markets Home appliances maker Electrolux reported second quarter earnings above market expectations and forecast growth in white goods markets in both Western Europe and the US. Business • 17 Jul 15
GE reports Q1 loss due to finance sale charges General Electric has reported a $13.6 billion first-quarter loss on charges from its plan to sell most of GE Capital as profits rose in four … Business • 17 Apr 15
GE shares surge after $26bn sell-off move General Electric has announced it is getting out of most of its finance business, slashing back GE Capital and selling $26.5bn worth of real estate. Business • 10 Apr 15
EU launches probe into €12.4bn GE-Alstom deal EU regulators have launched a probe into US group General Electric's planned €12.4bn acquisition of French rival Alstom's energy business. Business • 23 Feb 15
GE's quarterly profit tops expectations General Electric said its business of selling power-generating turbines drove a 9% increase in industrial profit despite weak sales in its oil and gas unit. Business • 23 Jan 15
Electrolux sees Q3 profits jump 42% Swedish electrical appliance maker Electrolux reported its third-quarter net profit soared 42% to 933m krona (€102m) thanks to a cost-cutting programme started at the end … Business • 20 Oct 14
General Electric posts higher quarterly profit General Electric today reported a higher than expected quarterly profit. Business • 17 Oct 14
Electrolux near deal to buy GE unit - sources Sweden's Electrolux is near a deal to buy General Electric's iconic appliance business for more than $2.5 billion. Business • 05 Sep 14
GE reports higher Q2 earnings after cost-cutting General Electric has reported higher second-quarter earnings following cost-cutting efforts as it announced a late-July stock listing for its North American retail finance arm. Business • 18 Jul 14
Alstom studies GE offer, leaves option for Siemens French engineering group Alstom said it would study a $16.9 billion offer from General Electric for its energy arm but left the door open for … Business • 30 Apr 14
France makes jobs a priority in Alstom talks France said it would defend jobs and its national interest as it met suitors for engineering group Alstom, suggesting Germany's Siemens may have an edge … Business • 28 Apr 14
GE in talks to buy Alstom's power arm? US industrial products giant General Electric is in talks to buy the global power turbines division of struggling French engineering group Alstom, reports say. Business • 25 Apr 14
GE credit card unit files to go public General Electric's credit card unit today filed for an initial public offering, the first step in its planned exit from the retail finance business. Business • 13 Mar 14
GE reports 5% rise in quarterly earnings US conglomerate General Electric has reported a 5% rise in quarterly earnings following better results in most divisions and record backlog. Business • 17 Jan 14
General Electric's third-quarter net profit falls General Electric said its third-quarter profit fell as revenue dropped in its Power and Water business, which makes a variety of turbines. Business • 18 Oct 13
GE's earnings rise on NBC sale General Electric said today that its net income rose 16% in the first quarter. Business • 19 Apr 13
GE earnings jump 49% in third quarter General Electric's net income rose 49% in the third quarter to $3.49 billion as its recovery from the 2008 financial crisis continues. Business • 19 Oct 12
London Olympics bring in $100m in sales for GE General Electric sold about $100m of lights, power supplies and medical devices for the London Olympic Games. Business • 30 Jul 12
General Electric profit beats forecasts US industrial conglomerate General Electric said today that its profit fell 10% in the first quarter. Business • 20 Apr 12
US sues Apple in e-book competition case The US Justice Department has filed a competition case against Apple and publishers over e-book pricing. Business • 11 Apr 12
