equipment

U.S. factory, confidence data brighten economic outlook

New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer sentiment this month in the wake of the election of Donald Trump as the next president. While the number of people filing for unemployment benefits…

The rest is here: 
U.S. factory, confidence data brighten economic outlook

equipment

Exclusive: GE wins $1.9 billion order from UK’s Hinkley Point nuclear plant

General Electric Co said it will receive $1.9 billion for a contract to supply steam turbines, generators and other equipment to the Hinkley Point C project, the United Kingdom's first new nuclear power plant in decades. By approving Hinkley Point on Thursday, the UK government

View original post here: 
Exclusive: GE wins $1.9 billion order from UK’s Hinkley Point nuclear plant

equipment

Halliburton to slash 5,000 more jobs amid oil slump

The more than 70 percent fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd . Halliburton has already reduced its global headcount by 25 percent, or almost 22,000 employees, since 2014. Halliburton is awaiting regulatory approval for its acquisition of Baker Hughes Inc , and the company said last month it was yet to reach an agreement with U.S. and European regulators about the “adequacy” of proposed divestitures.

Read the rest here: 
Halliburton to slash 5,000 more jobs amid oil slump