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...Some utilities were delaying connecting industrial and data centre customers because of reliability concerns, a trend that risks undermining Biden administration policies aimed at repatriating manufacturing...
...While European and US politicians complain about Beijing’s generous state support for manufacturing of clean tech products, Dong points to benefits stemming from China’s centralised command and control structure...
...Okray served as the CFO of Eaton Corporation and succeeds Anastasiya Pasterick, who left the role after six months....
...Giving median earners an extra few hundred pounds a year “isn’t exactly going to change their lifestyles when their bank interest and utility costs are through the roof”, she said....
...“This is the biggest transition you will see in your lifetime,” said Andrés Gluski, chief executive of AES, one of the world’s largest utility developers....
...The main themes for this week’s results are retail (Marks and Spencer, Gap, Best Buy, Abercrombie & Fitch and Kingfisher), utilities (SSE, Severn Trent and United Utilities) and tech (Nvidia)....
...“We have spurred more than $700bn in announced private investment in manufacturing, utilities and energy from more than 200 companies in all 50 states,” the White House said on Monday....
...Instead, Singapore became the preferred destination....
...Some of that has come from international companies that are setting up manufacturing operations there....
...The North American Electric Reliability Corporation expects lower-than-average output from hydro generators this summer, putting the west at higher risk of energy shortfalls....
...And as those policies appear at a quickening pace, some of India’s biggest corporations — and the investors who finance them — are spotting a historic opportunity....
...They asked: is it acceptable that private corporations have exclusive control over such powerful tech tools?...
...It is a stark about turn from the DoJ under Trump, which argued private equity divestiture buyers “may be preferred”....
...There is “a huge dichotomy happening”, says Farida Khambata, a co-founder of investment group Cartica and former executive at the International Finance Corporation....
...It struck its largest transaction in six years, agreeing to pay $11.6bn in cash for insurance-to-toy manufacturing conglomerate Alleghany Corporation. The purchase is classic Buffett....
...The group raised Rmb22.7bn ($3.6bn) in its IPO, the largest equity debut in the country since a $7.6bn share sale by China’s biggest chipmaker, Semiconductor Manufacturing International Corporation, last...
...However, the improvement in hiring was fuelled by sectors such as warehousing, manufacturing, transportation and healthcare....
...Terrestrial, utility-scale solar is very cheap now. In fact, in some places it's actually more competitive than coal....
...By December 2020 it had reclaimed $1.4bn in “preferred equity” that helped fund the buyout, corporate filings show....
...Four preferred to comment anonymously....
...Determined to find a manufacturing partner willing to help them distribute a low-cost vaccine to the world, the Oxford team struck a deal with AstraZeneca....
...Winston is a former managing director at the China Investment Corporation, one of China’s sovereign wealth funds....
...Corporation, in a £14.2bn deal....
...From every moment excluding the point of utility, plastic is catastrophic for our environment. It’s not simply an issue of saving turtles from plastic bags....
...The reading for eurozone manufacturing is expected to hold steady at 57.9, as the industrial sector shakes off supply chain disruptions....
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