ABU DHABI / WAM The Association of Southeast Asian Nations (ASEAN) Committee, which consists of ...
Read More »GE surges as CEO Larry Culp gains handle on cash burn with revamp
Bloomberg General Electric Co. soared after revealing that it burned less cash to start to the year, boosting Chief Executive Officer Larry Culp’s effort to rejuvenate the ailing manufa- cturer amid a global slowdown in the power-equipment market. GE’s industrial businesses went through $1.22 billion in cash in the first quarter, the company said in a statement as it reported ...
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