--General Electric will pay the French government a fine of 50 million euros ($57.2 million) after failing to meet a pledge it made to create 1,000 new jobs in the country by the end of 2018, AFP reports, citing sources in the French finance ministry.

--GE created a total of 25 jobs in France after it made the pledge as part of its 2015 purchase of Alstom's power and electrical grid business, AFP writes.

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(END) Dow Jones Newswires

February 05, 2019 11:00 ET (16:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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