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Business News > Mint Authors > Richard Clough

Richard Clough

ARTICLES BY RICHARD CLOUGH

SpiceJet started a dedicated freighter business last year, aiming to ship everything from electronics and food to clothes and letters. (Mint)

SpiceJet plans IPO for cargo unit amid e-commerce boom

1 min read . 25 Sept 2019

GE CEO John Flannery pledged on a call with Wall Street analysts to consider changes such as separating company’s primary businesses of aviation, power generation and health care into publicly traded companies.Photo: Hemant Mishra/Mint

GE’s $6.2 billion stumble has CEO talking again of a breakup

4 min read . 17 Jan 2018

The lingering problems from GE’s insurance business underscore the high hurdles facing CEO John Flannery as he seeks to overcome flagging demand for the company’s gas turbines, oilfield equipment and locomotives. Photo: Hemant Mishra/Mint

GE to take $6.2 billion charge after being burned by insurance

3 min read . 16 Jan 2018

SpaceX and Boeing Co. are partners in Nasa’s commercial crew program, which aims to revive human spaceflights from Nelson’s state. Photo: AP

US lawmakers look into SpaceX launch that ended with lost satellite

2 min read . 11 Jan 2018

GE’s $10 billion deal to buy Alstom SA’s assets two years ago has compounded the pain. Photo: AFP

GE’s 12,000 global job cuts highlight uneasy shift to renewable energy

2 min read . 09 Dec 2017

General Electric CEO John Flannery is readying a dramatic overhaul three months after taking over the reins as chief executive. Photo: Bloomberg

GE chops dividend 50% amid fresh focus on power, aviation, healthcare equipment

2 min read . 14 Nov 2017

John Flannery may be poised to slash earnings expectations when he presents plans to revitalize the beleaguered manufacturer. Photo: Bloomberg (Bloomberg)

CEO John Flannery signals sweeping makeover for GE

3 min read . 09 Oct 2017

3M CEO Inge Thulin joins exodus from Donald Trump manufacturing council

1 min read . 16 Aug 2017

GE has fallen the most this year on the Dow Jones Industrial Average amid choppy earnings and investor concerns over cash flow. Photo: Bloomberg

GE’s new CEO John Flannery signals focus on cash, cost cuts after stock plunge

1 min read . 01 Aug 2017

GE CEO Jeffrey Immelt. The firm has joined a number of large exporters, including Boeing and Dow Chemical, to form a coalition in support of a congressional proposal to tax imports to the US. Photo: Bloomberg

GE boss Jeffrey Immelt sees new era of globalization as protectionism grows

3 min read . 27 Feb 2017

Nasa’s resuming manned missions would mark a leap toward deeper exploration of space, including one day putting humans on Mars. Photo: Bloomberg

Nasa studying manned trip around moon after prod from Donald Trump

2 min read . 25 Feb 2017

President-elect Donald Trump’s moves had consequences for the market, with Boeing falling as much as 1.5% before regular trading. Photo: Reuters

Boeing sweats under Donald Trump spotlight as SoftBank feels the warmth

4 min read . 08 Dec 2016

Unlike other developed nations, the US taxes corporate income globally, but it allows companies to defer paying tax on offshore earnings until they decide to repatriate that income. Photo: Bloomberg

Donald Trump’s offshore cash plan will benefit investors not jobseekers

4 min read . 21 Nov 2016

Members of the New York City Police Department stand guard at Terminal 8 at John F. Kennedy airport in the Queens borough of New York. Photo: Reuters

JFK airport terminals cleared, operations to resume, says NYPD

1 min read . 15 Aug 2016

A file photo of Kudankulam Nuclear Power Plant. Photo: Mint

India won’t buy GE reactors lacking reference plant: DAE secretary

2 min read . 29 Jun 2016

Photo: Bloomberg

General Electric lifts veil on Silicon Valley plan as digital push accelerates

3 min read . 24 Jun 2016

The 124-year-old GE, one of the original dozen members of the Dow Jones Industrial Average, has long been a trendsetter. Its management ideas are taught at business schools, and its executives have moved on to head other major companies. Photo: Bloomberg

GE studies scrapping annual raise, 5-point appraisal

3 min read . 07 Jun 2016

IndiGo, which faced delivery delays for its first A320neo jets over issues with Pratt & Whitney engines, said it would consider a competing CFM International power plant for a later order.

Biggest A320neo customer IndiGo weighs rival to Pratt engine

2 min read . 30 Apr 2016

A file photo of GE CEO Jeffrey Immelt, who reportedly plans to use a briefing on Thursday in Paris to reveal details for the Alstom acquisition deal completion. Photo: AFP

GE said to plan close on $9.3 billion Alstom purchase

1 min read . 29 Oct 2015

Goldman Sachs has taken some steps to operate more like a bank, even as it still derives a much smaller portion of its funding from deposits than commercial banks. Photo: Chris Hondros/Getty Images

Goldman to buy GE online bank with $16 billion of deposits

2 min read . 14 Aug 2015