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General Electric reports $1.2 billion loss in Q1, reaffirms outlook

New York: General Electric reported a $1.2 billion loss in the first quarter Friday following a large legal charge, but shares surged after operating profits topped analyst expectations. GE, which has been hit by weakness in its power and oil and gas businesses, set aside $1.5 billion in legal reserves connected to lawsuits from its […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ