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Energy sector
US utilities defend gas stoves to head off electrification threat
...Gas hobs have come under new scrutiny over indoor air pollution and climate-altering emissions from burning fuel....
July 6, 2023
Tech start-ups
Amazon-backed Tado raises $46m in final fundraising round
...Unlike some of its American competitors, Tado’s thermostats work with 18,000 heating and air-conditioning systems across Europe, encompassing about 900 manufacturers....
May 17, 2021
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Blackstone Group LP
Blackstone braves frigid debt financing market with $14bn Emerson unit deal
...Emerson’s climate tech unit sells refrigeration units, products used in heating and air conditioning systems, and tools that supermarkets use to monitor and manage their lighting and refrigeration systems...
October 31, 2022
Camilla Cavendish
The energy crisis is making the green movement’s case
...On a business trip to Tokyo after the Fukushima meltdown, I found executives complying with government instructions to limit air conditioning and jettison jackets....
August 26, 2022
Natural gas
US natural gas prices gyrate on shifting export outlook
...In the US, a series of heatwaves this summer has sent demand from gas-fired power plants to record highs as electricity generators increase output to meet demand for air conditioning, the Energy Information...
August 23, 2022
Energy crisis
Russian gas crisis will test EU solidarity, warns German utility RWE
...Italy introduced caps on heating and cooling demands in April, with public buildings not allowed to be heated above 19C in winter or cooled with air conditioning below 25C in summer....
June 24, 2022
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Ukraine war news from March 28: Kyiv-Moscow negotiations set to resume, Abramovich suffered suspected poisoning after peace talks in Kyiv
Ukraine war round-up: G7 energy ministers reject Putin’s demand for rouble-denominated energy payments
...France’s energy regulator called on businesses and consumers to save energy by turning down heating and air conditioning and switching off lights, as western countries try to reduce their reliance on Russian...
March 28, 2022
FT Swamp Notes
Can we ever rouse people about global warming? Premium content
...Though 90 per cent will never realise it, no American should be robbed of the dream of having their 20,000-square-foot home, five cars in the front, air conditioning or heating on full blast day and night...
June 17, 2022
The home in 50 objects
The home in 50 objects #43: the upright piano
...Air conditioning and central heating can also mess up the inner machinery. Jools Holland has appeared playing an upright at Canary Wharf Tube station. Elton John gave one to St Pancras International....
May 22, 2021
FT MagazineGillian Tett
Radical transparency will help vaccinate the world
...Take the tale of Abound, a digital platform recently launched by the US company Carrier, which manufactures heating and air-conditioning systems....
May 12, 2021
Energy Source
Why are natural gas prices so high? Premium content
...And with another heatwave set to drive up air conditioning use across central parts of the US, we chart how energy costs weigh heavier on certain groups of Americans. Thanks for reading....
July 27, 2021
Industrial goods
Buyout group Melrose considers sale of chunk of Nortek
...The FTSE 100 company is looking to sell US domestic heating and air conditioning manufacturer Nortek’s Global HVAC and air quality and home solutions businesses for more than $3bn....
January 21, 2020
The Week Ahead
UK-EU talks, Super Tuesday, Israel elections, Opec meeting
...Melrose Industries reports on Thursday amid reports that the buyout specialist is considering selling a chunk of its US domestic heating and air conditioning division Nortek for more than $3bn....
March 1, 2020
LexJohnson Controls Inc
Johnson Controls: batteries not included Premium content
...Management’s big idea is that as the world industrialises and automates, there will be demand for its heating, ventilation and air conditioning equipment....
November 22, 2018
Corporate spin-offs
Honeywell to spin off turbo charger and home heating businesses
...The homes business includes heating, ventilation and air conditioning controls, as well as security and fire protection products....
October 10, 2017
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
US & Canadian companies
Honeywell to shed two companies after activist calls
...The homes business includes heating, ventilation and air conditioning controls, as well as security and fire protection products....
October 10, 2017
News in-depthUS & Canadian companies
Silicon Valley disrupts your light switch on its return to the smart home
...Now, the ability to programme heating and air conditioning from a smartphone, with a device that also learns from a homeowner’s habits, has established a benchmark for the domestic “internet of things”,...
October 27, 2017
Companies
Melrose shares riding high as no rivals emerge for Nortek
...and air conditioning manufacturer Nortek....
August 8, 2016
UK companies
Melrose shares surge after $2.8bn deal to buy US’s Nortek
...Shares in Melrose, the engineering turnround specialist, surged 46 per cent on Wednesday after it announced a $2.8bn deal to acquire US domestic heating and air conditioning manufacturer Nortek....
July 6, 2016
FTfmUS & Canadian companies
Not even QE justifies easy-does-it approach to pension deficits
...Buccaneering buyout group Melrose is purchasing Nortek, a Nasdaq-listed heating and air conditioning group, at an enterprise value of $2.8bn and an equity price of $1.4bn, writes Jonathan Guthrie....
July 6, 2016
Technology sector
Nissan disables app for electric Leaf car amid hacking risks
...Troy Hunt, a prominent security researcher in Australia, found a way to access the app linked to the cars, allowing him to control heating and air conditioning in individual vehicles as well as accessing...
February 25, 2016
US & Canadian companies
Johnson Controls and Tyco look to complement each other
...“There’s going to be a convergence where fire and safety will be more closely linked to the other controls — air-conditioning, heating and ventilation,” Mr Levy says....
January 25, 2016
US & Canadian companies
Johnson Controls’ $20bn Tyco deal revives inversion debate
...The other parts became Pentair, which makes heating, ventilation and air conditioning systems, and ADT, a specialist in building security....
January 25, 2016
UK outsourcing
Serco backtracks on unit disposals as it targets public sector
...Joe Brent, an analyst at Liberum, said a disposal would have been a “long and painstaking process”....
December 15, 2015
Life & Arts
Peak to peak: buyers feel pull of Patagonia’s great outdoors
...The property has a dining room seating 12, air-conditioning and a lift between its two floors....
April 8, 2016

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