The conglomerate said Tuesday that it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships. The move marks GE’s “confidence in China’s long-term …
The Chinese maker of solar wafers, modules and cells reported third-quarter earnings that easily beat analyst estimates on strong demand and improved pricing environment. The company also raised its outlook much above expectati…
McDonald’s, the world’s largest hamburger chain, said global comparable sales grew 6.5% in October on strong performance of some local and value-menu items, as well as new offerings and store renovations.
Conti…
Calls for a dip are understandably rising amid signs that the market is overbought. But evidence of performance-chasing, where fund managers who are lagging their peers take on more risk in hopes of outsize returns, are also mo…
Rolls-Royce shares dropped further on Monday as investors fretted about the impact of problems with Rolls-Royce engines on Airbus A380s.
Last week, a Rolls-Royce engine exploded during a Qantas Airways (QUBSF) flight from Singapore to Sydney, forcing an emergency landing in Singapore. Today, Qantas said it found oil leaks in the engines of some of its grounded A380s.
Rolls-Royce…
Continue reading Rolls-Royce Shares Continue Slide on Airbus Concern
Rolls-Royce Shares Continue Slide on Airbus Concern originally appeared on DailyFinance on Mon, 08 Nov 2010 08:24:00.
Filed Under: Company News, Technology, Stocks in the News