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...The commerce ministry last week banned several Raytheon and Lockheed Martin executives from entering the country and prohibited Chinese groups from selling to the two US defence contractors....
...The firm is appealing against a class-action lawsuit that found it and other brokers liable for $1.8bn of damages over an alleged conspiracy to inflate sales commissions....
...“The perceived trade off is that utility commissions lose control when large multinational utilities take over the local utility and that their ability to address things like service quality decreases....
...Despite its clear utility for the hundreds of drivers who used it, Samii found the technical upkeep burdensome....
...Only utilities (a fixed income substitute at a moment of high rates) and energy (beset by low oil prices) have produced disappointing results....
...If energy companies do not comply with the new rules, they face “enforcement action and substantial fines”, said Ofgem....
...Last year, in the US, White House national security officials also acknowledged cyber attacks by Iranian hackers on state water authorities — and described them as a call to action for utilities to tighten...
...The announcement is the latest action taken by shareholders in UK water companies, which are struggling under a combined £60bn of debt and coming under increasing pressure from rising inflation....
...When we discover violations we take action,” adding it had sanctioned multiple companies believed to be selling user data....
...The company also laid off contractors who worked on its social media channels and made cuts to its animation department that would affect up to 70 workers, according to a representative....
...Implicit in that call to action, the report says, is a wholesale transformation of the global economy....
...Serious movement on that front will happen not through voluntary corporate action, but through change to the law....
...But with regulatory issues, valuation issues and state pride all on the line, expect plenty of action ahead....
...But Sven Giegold, state secretary of Germany’s economics affairs and climate action ministry, said he had received a “warm welcome by our French colleagues on the issues but there is still a way to go to...
...The firm also hired CenterPoint Energy’s Philip Holder as a managing director for power and utilities coverage in Houston....
...s Today programme on Thursday, O’Shea called the practices unearthed by the investigation “completely unacceptable” and “deeply disturbing”, adding that “there’s nothing that can be said to excuse” the actions...
...Exelon, a Chicago-based utility, said it had called time on expanded jet travel for executives and board directors in December....
...An undercover investigation by the paper found that British Gas third-party contractor Arvato Financial Solutions was installing the meters in the homes of vulnerable customers....
...“We’ve had contractors shot in their cars on the way to site because they didn’t give jobs to the right people.”...
...Utilities in adjacent states, such as Berkshire Hathaway-owned NV Energy in Nevada, have made similar requests....
...Earlier this week, a group of Republican attorneys-general asked the Federal Energy Regulatory Commission not to renew Vanguard’s authorisation to buy public utility stocks....
...In addition to the spot market, utilities buy contracted power in advance to help smooth price volatility....
...A version of this article was first published by Nikkei Asia on August 9 2022. ©2022 Nikkei Inc....
...So long as the contractor provides these verifications, “the statute does not prohibit a state agency from contracting” with one of the 10 financial groups, the state added....
...The methodology falls apart during downturns because the executives are confident they’re taking the right actions to protect profitability, meaning their companies will outperform peers....
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