industrial giant

Headlines

Immelt To Depart As GE Names New Chief Executive

General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by...

Headlines

Africa Eco Summit Eclipsed By S.Africa Political Row

Africa's flagship business and political summit being held in Durban this week has been overshadowed by a bitter fight...

Headlines

Toshiba Warns Over Survival As It Reports Delayed Results

Toshiba on Tuesday warned its survival was at risk as the struggling Japanese industrial giant reported a loss of $4.8...

International

Toshiba’s Westinghouse Files For US Bankruptcy

Westinghouse, Toshiba's US nuclear unit, has filed for US bankruptcy protection. The US firm has struggled with hefty...

Headlines

US Review Finds Deliberate Tax Fraud At Caterpillar

A US government-commissioned review concluded Caterpillar intentionally committed tax and financial reporting fraud,...

Headlines

US Stocks Climb On Strong Jobs Data

Wall Street stocks rose modestly early Wednesday after data showed much stronger US private-sector hiring in February....

International

Toshiba Shares Crash As Nuclear Writedown Crisis Deepens

Shares in Toshiba have dived 16% on reports that the embattled Japanese conglomerate faces bigger losses at its US...