Word: ge
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Dates: during 2000-2009
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...executives who used to get loans from banks. But, like other non-bank lenders, Joseph says he is being much more selective about which companies he does business with. "We are tightening our lending criteria," says Joseph. "We are turning away many more new clients than we used to." GE Capital, one of the nation's largest non-bank lenders, has also reportedly decided to curtail its lending practices for the rest of the year...
...that time, foreign investment in Saudi Arabia has nearly doubled, to $23 billion. "Foreign businesses are looking at us differently," al-Dabbagh boasts. Companies with a long history of working in the kingdom say they've noticed the difference. "The say/do factor has improved significantly," says Nabil Habayeb, GE's CEO for the Middle East and Africa. "When the government tells investors it will do something, it usually gets done...
...commercial-services exporter running emergency rooms in the Middle East and transplant and cancer programs in Europe. It looks to companies such as Siemens and General Electric as role models, since both do basic research but have to develop profitable products. UPMC has formed a joint partnership with GE, called Omnyx, to develop an information-technology-based digital pathology business. Each company is investing $20 million...
...hard on Tuesday, like J.P. MorganChase & Co. and Citigroup, seemed to be heading up significantly, as was bellwether General Electric, which had seen its shares hit hard the last few months over its exposure to the credit crunch. By day's end, however, J.P. MorganChase was down slightly while GE and Citi managed only slim gains...
...funds, and those in such places as Kuwait, Saudi Arabia and Qatar, are part of an epochal shift in the economic balance of power toward the energy-rich Gulf. It helps that the downturn in the U.S. economy and the anemic dollar are offering up relative bargains. Shares in GE - the great symbol of American management prowess - have fallen by more than a quarter in the last year...