Tag Archives: general electric


Madoff investigator accuses General Electric of $38 bn fraud

08 August, 2019 3:58 am 3:58 am

US – A private financial investigator who flagged warnings about Bernard Madoff’s $65bn Ponzi scheme is now targeting one of America’s blue chip companies- General Electric (GE). Harry Markopolos claimed that GE was hiding an accounting scandal, sending its shares tumbling. In a 175-page report, he accused GE of concealing $38.1bn in potential losses and … Read More

China’s Xi Jinping promises lower tariffs, more imports

11 November, 2018 9:31 am 9:31 am

SHANGHAI (Reuters) – China will lower import tariffs and continue to broaden market access, President Xi Jinping said on Monday at the opening of a week-long trade expo seen as an attempt by Beijing to counter mounting criticism of its trade and business practices. Xi also promised to accelerate opening of the education, telecommunications and … Read More