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“Together, through the RISE technology demonstration program, we are reinventing the future of flight, bringing an advanced suite of revolutionary technologies to market that will take the next generation of single-aisle aircraft to a new level of fuel efficiency and reduced emissions.” “Our industry is in the midst of the most challenging times we have ever faced,” said Olivier Andriès, CEO of Safran.

Through the extension of our CFM partnership to 2050, we are today reaffirming our commitment to work together as technology leaders to help our industry meet the urgent climate challenges.“ The new jet engine technologies also ensure 100% compatibility with alternative energy sources such as Sustainable Aviation Fuels and hydrogen.

panorama General Electric Agrees to Ambitious Net-Zero-by-2050 Target Monday, 19 July 2021 After a 98% shareholder vote on an As You Sow resolution on May 4, General Electric (GE) announced a major commitment to transition its business to address climate change by setting a target to achieve net zero carbon emissions by 2050.

“The system will allow GEA to reduce its environmental footprint and reap the benefits of Einrides’ world-leading technology.” Einride is a freight technology company providing digital, electric and autonomous shipping founded in 2016.

Under the Patronage of Mohammed Shia' Al Sudani, the Prime Minister of the Republic of Iraq, the PoC was signed by Ziad Ali Fadhil, Minister of Electricity, Iraq, and Joseph Anis, President and CEO of GE Gas Power Europe, Middle East, and Africa, in the presence of The US ambassador to Iraq Alina Romanowski.

The appellate authority declined independent investigation or audit into GE Triveni’s operations to verify Triveni’s allegations of unfair competition, stating that “allegations and counter-allegations” could be looked at by the tribunal.

GE agreed Wednesday evening to pay a $200 million penalty to settle the regulatory agency's investigations, which began about three years ago These "disclosure failures" between 2015 and 2017 meant investors were blindsided when those businesses eventually stumbled badly, regulators said.

The recipient of GE’s trade secrets at Siemens passed the information to colleagues that included those preparing the Dominion bid, which they used to help win the business, the lawsuit said.

“The sprawling and calculated theft of GE’s trade secrets has enabled Siemens to win, so far, billions of dollars of contracts and remains ongoing—all at the expense of GE’s ability to fairly compete,” the lawsuit alleges.

GE said that Siemens exploited the confidential information, in part, to secure contracts to augment its September 2020 initial public offering, according to the suit filed in Virginia federal court.