General Electric

By Abid Ali in Business on July 19th, 2010
Photo by AFP

Boeing’s 787, or Dreamliner, touched down at the Farnborough air show in southern England. The plane is the future of air travel - that's why Airbus is building its own carbon-composite version.

 

Farnborough is the biggest shop window for the aircraft makers and defence companies.

Dubai's Emirates agreed to buy 30 of Boeing’s 777-300 wide-body planes worth almost $9 billion.

But the biggest deals will come from the not-so glamorous leasing companies owned by a few names you may be familiar with; General Electric, Royal Bank of Scotland and AIG.

By Gabriel Elizondo in Business on November 19th, 2009

What do Apple, Hewlett-Packard and Google all have in common?

Answer: All three companies had lower profits in the third quarter of 2009 than Petrobras and Vale.

Petrobras is Brazil’s massive energy company; you might have heard of it. But unless you live in Brazil or track big companies, you likely have never heard of Vale – the Brazilian mining company.

Photo courtesy of AP

But both companies quietly are shoveling in huge profits. A representation of sort of Brazil’s quick exit from the global economic meltdown.