Global

Last night, Congress passed free trade agreements with Korea, Panama and Colombia, an important step toward opening dynamic and fast growing markets. After waiting for several years, these agreements will help level the playing field and allow U.S. companies to export more goods and services abroad, which will [...]

One unquestionable bright spot in the U.S. Economy these days are exports. With many trading partners growing two, three or even four times faster than the US economy, American exports have been growing steadily and today support millions of jobs here at home. As the second-largest manufacturing exporter in [...]

In 2001, non-U.S. sales made up 36 percent of GE’s revenue. Flash-forward to 2009 and that number had shot up to 54 percent. To build on that decade of growth — and push it toward a 60 percent target — GE unveiled a new plan today that further decentralizes its [...]

GE Energy is expanding its core technology base — and reaching into adjacent areas that can further grow its business — with a deal today to buy energy technology powerhouse Dresser, Inc. for $3 billion. Dresser is known in the industry for advanced technologies for gas engines; technologies that manage [...]

In a $700 million deal announced today, Saudi Arabia’s newest high-efficiency power plant will be running on GE’s turbines. As the Middle East’s largest economy, Saudi Arabia’s demand for electricity is increasing at about 8 percent each year. The new power generating turbines being purchased — which are supported by [...]

At yesterday’s opening session of the World Economic Forum’s Latin America summit, Colombian President Alvaro Uribe Velez was joined by Ferdinando “Nani” Beccalli-Falco, President & CEO of GE International – who offered ideas on development as the region builds on its current economic successes. “These few things – they are [...]

With much of its locomotive fleet nearly four decades old, Nigeria is eager to inject new technologies into its rail system as it embarks on widespread upgrades to its passenger and freight lines. As we reported in May, GE recently signed an agreement with the government of Nigeria that aims [...]