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Tuesday, November 13, 2018

General Electric seeks urgent asset sales as bond fears rise

General Electric Co will sell assets with "urgency" to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high.


from Reuters: Business News https://ift.tt/2qL47Uh

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Heathrow substation fire: What went wrong?

Questions have been raised over what caused the outage and why back-up systems failed? from BBC News https://ift.tt/Ffv2Hdz