ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »GE’s job cuts highlight shift to renewables
Bloomberg After spending years building up its gas-power business, General Electric Co. is trying to figure out how to keep pace in a world that’s no longer all that interested in fossil fuels. The plan to cut 12,000 jobs, or almost one-fifth of the power division’s global workforce, underscores GE’s bad bet on an old-school industry as natural gas loses …
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