The often lonely status of the CEO can demand a heavy personal price in meeting the expectations of directors, shareholders, customers, and employees, writes John Daly
Sun, 08 Mar, 2020
General Electric (GE) fell the most in four months after a prominent whistleblower working with a short-seller accused the company of masking financial problems.
Fri, 16 Aug, 2019
18 nominees across six categories have been shortlisted ahead of the annual gala on May 24.
Wed, 08 May, 2019
Shares of General Electric (GE) have surged more than 15% after the industrial conglomerate said it would sell its biopharma business to Danaher for $21.4bn (€18.9bn), its first major asset sale under new chief executive Larry Culp.
Tue, 26 Feb, 2019
At the start of 2018, financial markets were brimming with confidence. The previous year had been a cake-walk for equities, with volatility at record lows and valuations rising steadily.
Thu, 27 Dec, 2018
The Ftse-100 and other European stock market indices edged higher but the deep concerns over the potential for the US President Donald Trump to escalate the trade spats with China and Europe will likely weigh for some time, analysts say.
Wed, 27 Jun, 2018
US stocks bobbed higher today as technology and consumer-focused companies regained a sliver of their losses from the day before.
Tue, 26 Jun, 2018
General Electric (GE) chief executive John Flannery is taking the biggest step yet in his plan to revitalise the beleaguered manufacturer, agreeing to merge its century-old train engine business with Wabtec in a deal valued at $11.1bn (€9.4bn).
Tue, 22 May, 2018
Sunshine without light brightens Ceramicx business West Cork manufacturer Ceramicx has got 2018 off to a good start by opening an extension which has doubled the size of its facility to 44,000sq ft, and by picking up a Project Exemplar award from Inter TradeIreland,
Mon, 29 Jan, 2018
Sat, 13 Jan, 2018
General Electric’s new boss is dramatically reshaping the company and slashing the dividend as he looks to pull the manufacturing company out of one of the deepest slumps in its 125-year history. The moves failed to win over investors.
Tue, 14 Nov, 2017
A high-flying executive in one of the world’s largest companies touched down in his home town yesterday to donate €50,000 to a school, putting it on track to become the fittest school in Ireland.
Wed, 20 Sep, 2017
American firms dominate a list of companies which workers would recommend to a friend, with Facebook rated the best, new research shows.
Fri, 08 Sep, 2017
A Cork automation technology company is aiming for further growth after one of the world’s biggest pharmaceuticals bought a stake in it.
Wed, 12 Apr, 2017
LATEST: An estranged Irish couple who have staged a "Titanic" divorce court battle over a £500,000 holiday home in rural Ireland are negotiating, a judge has been told.
Wed, 08 Mar, 2017
Fri, 03 Feb, 2017
Rolls-Royce is eliminating more than 200 positions from its management team as chief executive Warren East extends a wide-reaching restructuring of the embattled engine maker.
Tue, 20 Sep, 2016
Some 675 jobs are to be created following massive investment in the biopharmaceutical and software sectors in Cork, Dublin, and Galway.
Sat, 27 Aug, 2016
Kya deLongchamps talks to her appliance repair man and gets some great tips on how to treat your washing machine.
Sat, 19 Mar, 2016
Dublin ‘Internet of Things’ company Asavie has partnered with tech giant EMC and network operator Vodafone to provide connectivity for the duo’s state-of-the-art testbed facility in Cork.
Tue, 23 Feb, 2016
Jobs at GE Healthcare in Cork are safe despite its parent firm slashing 6,500 positions across Europe.
Thu, 14 Jan, 2016
Thu, 10 Dec, 2015
Electrolux shares slumped more than 10% yesterday after a $3.3bn (€2.93bn) deal to buy General Electric’s appliance business fell through.
Tue, 08 Dec, 2015
As Electrolux prepares to fight in court to buy General Electric’s assets, the Swedish home appliance maker may prefer to sell brands than factories if it tries to reach a settlement to salvage the $3.3bn(€3.07bn) deal before the judge’s verdict.
Tue, 10 Nov, 2015
A €6 million extension to a Shannon facility is part of a planned €21m first phase of new builds and upgrades of Shannon Commercial Properties’ portfolio, under the recently-created Shannon Group entity.
Thu, 01 Oct, 2015
An Irish subsidiary of the world’s largest aircraft leasing firm recorded a 34% fall in pre-tax profits last year to $571m (€505.57m).
Wed, 10 Jun, 2015
General Electric plans to sell the bulk of its $30bn (€28.2bn) property portfolio over the next two years as it returns to its industrial roots, and has set a share buyback plan of up to $50bn — the second-largest ever.
Sat, 11 Apr, 2015
The Germanwings airline said it is stunned and “utterly baffled” as to why one of its pilots deliberately crashed a plane into the Alps killing himself and 149 other people.
Fri, 27 Mar, 2015
US president Barack Obama has ordered the federal government to cut its emissions of greenhouse gases by 40%, as he seeks to spur other nations to get serious about climate change.
Fri, 20 Mar, 2015
Investment firms Värde Partners and KKR & Co, along with Deutsche Bank, have agreed to buy General Electric’s Australia and New Zealand financial services unit in what they described as one of the region’s largest private equity deals.
Mon, 16 Mar, 2015
Google’s glory is it has increased access to information with the ingenuity of its search algorithm, says Richard Fitzpatrick
Sat, 03 Jan, 2015
Dublin-based helicopter-leasing firm Milestone Aviation Group is to be acquired by the sector’s biggest player, GE Capital Aviation Services, for nearly $1.8bn (€1.4bn).
Tue, 14 Oct, 2014
France will be making a sound investment by taking a stake in Alstom, its chief executive said yesterday, adding, however, that the government would be buying in too late to have a say in the use of proceeds from its tie-up with General Electric.
Tue, 24 Jun, 2014
Are GM foods the answer to world hunger or a danger to our health? Rita de Brun asks the experts on both sides.
Wed, 11 Jun, 2014
Subprime lenders only account for 3% of mortgage lending but they have been responsible for up to a quarter of all home repossessions, according to figures released by the Central Bank.
Thu, 13 Feb, 2014
Only a quarter of subprime mortgages have been restructured and the lenders cannot be forced by the Government to speed up the process as they are not bound by the mortgage resolution targets.
Mon, 03 Feb, 2014
Pre-tax profits at a Shannon-based aircraft engine leasing firm last year increased by 49% to $47.68m (€35.3m).
Tue, 05 Nov, 2013
The OECD is working to overhaul structures which big multinationals, including many US tech giants, use to shield tens of billions of dollars of income from taxes, writes Tom Bergin.
Wed, 24 Jul, 2013
Two weekends ago, 435 cities around the world held rallies against GE seed company Monsanto.
Fri, 07 Jun, 2013
Two Irish test cases for the mis-selling of payment protection insurance (PPI) were settled in Dublin’s district court yesterday with the plaintiffs receiving compensation.
Fri, 24 May, 2013
Over 80% of companies would rather partner with other firms in areas such as entering new markets and improving products rather than going it alone, a new survey has revealed.
Wed, 24 Apr, 2013
Dublin IT networking company Agile Networks has won a three-year contract to provide a wireless network for all Department of Justice offices around the country.
Mon, 18 Feb, 2013
Riding the wave of gadget goodness from the Consumer Electronics Show in Las Vegas, Samsung released a pretty impressive set of fourth quarter earnings estimates, including a record high profit.
Wed, 09 Jan, 2013
A Shannon-based aircraft engine-leasing firm employing only 22 people made a pre-tax profit of $39.4m (€30.1m) last year.
Thu, 06 Dec, 2012
A consortium of American financial firms has invested €190m in a 201MW Kansas windfarm owned by NTR.
Tue, 04 Dec, 2012
A Shannon-based manufacturing firm last year more than doubled its operating profit to €1.7m.
Tue, 21 Aug, 2012
€10m is to be invested in the GE healthcare facility in Co Cork.
Wed, 01 Aug, 2012
Olympic organisers have launched an investigation after claims that tickets for sponsors have been sold to the public at hiked up prices.
Fri, 13 Jul, 2012
Boeing Co opened the Farnborough air show with a $7.2bn (€5.7m) order from Air Lease Corp for 75 of its new, fuel-efficient 737 MAX aircraft.
Tue, 10 Jul, 2012
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