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Bloomberg General Electric Co.’s new boss has barely uttered a word in public during his first two months on the job. But he’s already sending signals that his tenure could bring one of the most sweeping makeovers in the company’s 125-year history. Chief Executive Officer John Flannery is seeking deep cost reductions, weighing portfolio changes and reshaping management from top ...

Bloomberg From the 300-plus crystal chandeliers to the gold-plated taps in the bathrooms, Donald Trump has transformed a hotel overlooking one of the world’s most legendary golf courses into an eponymous glittering palace. Members gathering for their tee times say they love many of the changes at the Trump Turnberry resort in Scotland, but they doubt the president will ever ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, on Sunday inaugurated GITEX, the region’s most prominent technology event, which started on Sunday and runs until October 12 at Dubai World Trade Centre (DWTC) More than 4,000 companies from 71 countries around the world ...

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Hiroshige Seko, Japanese Minister of Economy, Trade and Industry, in Abu Dhabi on Sunday to discuss methods of boosting strategic bilateral ties in political, investment, economic and trade sectors. Sheikh Abdullah and the Japanese minister also exchanged views on the ...

Abu Dhabi / Emirates Business The Abu Dhabi Department of Urban Planning and Municipalities (DPM) will showcase its latest digital development projects in the Abu Dhabi digital government pavilion at GITEX 2017. The DPM has been invited to attend the event due to its impressive achievements in developing and implementing digital enhancements to its processes and customer services. During the ...

Abu Dhabi / Emirates Business An expanded and restructured strategic conference programme at the world’s leading annual meeting for senior oil and gas decision makers, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), will play a vital role in driving strategic investment decisions across the industry’s full value chain, organisers said today. Investment in refining and selling the oil ...

Bloomberg President Donald Trump is weighing a new strategy to confront Iran’s nuclear ambitions that would leave a 2015 agreement intact for now but ask Congress to toughen a law overseeing the Islamic Republic’s compliance with the accord, according to three administration officials. The goal behind the strategy, which Trump is expected to announce next week, would be to present ...

Bloomberg A bungled transition from coal to clean energy has left resource-rich Australia with an unwanted crown: the highest power prices in the world. New Yorkers pay half as much as Sydneysiders to keep the lights on, despite Australia boasting among the world’s largest coal and natural gas reserves, as well as ideal conditions for clean power generation. A decade ...

Bloomberg India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China. “Like China since the start of this century, India is in the ...

Bloomberg Sprint Corp. and T-Mobile US Inc. are putting the finishing touches on a merger that’s likely to be announced when the wireless carriers report quarterly earnings at the end of October, according to people familiar with the matter. Both sides are conducting final due diligence to decide on the exchange ratio that will determine Sprint’s valuation, said the people, ...