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...C plant, for which Britain and EDF are seeking new investors....
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...But it is “very difficult, if not impossible” to cover large power plants, which take “several months or even years” to restore, she said....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
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The terminal decline of factories devoted to the internal combustion engine presents a challenge for Beijing
...As Alstom sought to protect its investment grade credit rating, the French company soon after said it would start selling assets and flagged that it might potentially need to carry out a capital increase...
...The deal positions Carrier to profit from the energy transition in Europe, where governments are subsidising heat pumps, the company said....
...The company also has plants in Japan and plans to build one in Germany. However, the cost of production outside of Taiwan is significantly higher....
...The chair, who served as the company’s fifth president until 2021, said the Singapore plant had been playing a key decision-making role in the company’s global operations....
...Last week, industry minister Adolfo Urso said the government would support the plant’s suppliers who, it said, were owed about €180mn in unpaid invoices by the steelworks, a figure the company’s management...
...The UK government has backed the development of new gas-fired power plants, in the latest move by Rishi Sunak to portray his government as taking a pragmatic approach to tackling climate change....
...The companies have in some cases become civic fixtures: Volkswagen manages a park adjacent to its Chattanooga plant, while Mercedes, whose plant is in Tuscaloosa, Alabama, sponsors the city’s primary concert...
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