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...Morrow said it would use its funding to build a 1.2GW pilot factory by the end of next year, which will produce batteries used in energy storage systems such as those used for rooftop solar panels....
...Technically, it’s light years ahead of the system in my 1981 Targa – although I reckon I can undo the two roof latches and have my decidedly manually operated roof top folded and stowed behind the front...
...Blackstone has hired Ulrich Spiesshofer, the former president and chief executive of the Swiss engineering company ABB, as a senior adviser....
...As we revealed last year, ABB ended up selling its power transmission unit to Japan’s Hitachi — though it wasn’t enough to prevent ABB’s former chief Ulrich Spiesshofer from a rather vicious defenestration...
...It is not a format limited to the old Bernie Ecclestone system where if you paid hundreds of millions, you got in . . . It’s Racing 2.0.”...
...GE has Predix, Siemens has MindSphere, France’s Schneider Electric has EcoStruxure, Zurich-based ABB has ABB Ability, and so on....
...He told local policymakers that the land was “special” to him as it previously hosted Hewlett-Packard’s computer systems unit, where he had been offered a summer job in his teens....
...Before Easter, ABB, a much larger engineering group, had a narrow escape, securing approval for its compensation report with just 59 per cent of shareholders’ votes....
...That trend has reversed however as jitters about the state of the continent’s financial system have returned this week (see: Deutsche Bank and co.)....
...Mr Hess was a top lawyer at ABB in 2002 when the Swiss engineering group came close to bankruptcy as a result of US asbestos claims....
...This is fitted to the air intake system and smooths the aerodynamics within the engine, ensuring a stable combustion process....
...Ermotti, Group Chief Executive Officer, UBS Group AG, Lino Guzzella, President and Professor, ETH Zurich, Johann N....
...But the preliminary inquiry goes beyond engines to look at the market for parts and servicing of everything from auxiliary power systems to landing gear, flight systems and in-flight entertainment, where...
...At Volkswagen in Germany and at Industrivärden in Sweden, a system intended to encourage stability and long-term growth has instead created self-indulgence....
...Bosch also formed a joint venture in November with ABB and Cisco to develop an open software platform for the smart home....
...Meanwhile, Siemens is facing lower demand for its large gas turbines as its customers increasingly want smaller, decentralised systems. This has left it with too much production capacity....
...Questions are also raised locally about how the likes of ABB, AstraZeneca, and OMX have fared under foreign control....
...Investors want Mr Kaeser to drive an improvement in Siemens’ margins which have recently lagged behind rivals such as General Electric and ABB....
...“Switzerland has so many advantages as a location for companies – its infrastructure, its education system, low taxes, stable politics – there is no need to fear they will leave,” she says....
...Joe Hogan, ABB’s chief executive, said the power systems division had received substantial investment in recent years but had not generated consistent returns....
...Mr Löscher says the division – which includes rail systems, smart grid and building technologies – needs time....
...As recently as May 12 the Sunday Times named Siemens, ABB, Emerson and General Electric as all eyeing the British engineer....
...Switzerland’s new breed of chief executive does not have to be German: Joe Hogan, boss since September 2008 of ABB, Switzerland’s biggest industrial group, is American....
...Other ABB robots can, with the help of sophisticated artificial vision systems, work out the shapes and positions of components being presented to them on a production line and then assemble the parts into...
...In contrast, ABB, the Swiss maker of industrial automation systems and power transmission equipment, was more upbeat, saying it saw improvements in China and its customers had continued to invest in spite...
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