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View all search resultsAlexander Yuryevich Korshunov, 57, and Maurizio Paolo Bianchi, 59 were charged in a just-unsealed criminal complaint with stealing trade secrets in the latest case involving theft of US aviation industry intellectual property.
The developer of the Java 1 combined-cycle power plant, claimed to be the biggest of its kind in Southeast Asia, has granted an engineering, procurement and construction contract worth US$900 million to a consortium consisting of General Electric (GE), Samsung C&T and PT Meindo Elang Indah.
Embattled engineering giant General Electric announced Monday it would slash dividend payments by 50 percent, the first cut since the global financial crisis as the new leadership works to restore the company's financial health.
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