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...In China, the lay-offs have sparked criticism of the company’s corporate culture....
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..., Asia-Pacific equity strategist at Goldman Sachs....
...Chinese companies....
...It said the report lacked “solid evidence” and the company has its “own evidence” proving the NGO’s claims are false....
...The devices run on electricity, which is increasingly generated from the wind and the sun, and are more efficient than gas-fired boilers....
...Henrik Hansen, Vaillant’s UK managing director, has overseen a two-year, £50mn investment to convert the building into a factory to produce the German company’s Arotherm heat pump....
...Companies have claimed that the target was already forcing them to put up prices on their gas boilers by as much as £125 in anticipation of having to pay the fines....
...But for Xi Jinping’s administration in Beijing the rapid emergence of the nation’s advanced EV industry has created a different dilemma: how to manage the terminal decline of the sector devoted to internal...
...Potential solutions, such as burning hydrogen or capturing carbon, are almost by definition more expensive than existing gas-fired boilers....
...It has also delayed by nine years the planned ban on oil and LPG-fired boilers, used by off-grid rural homeowners that was due to come into effect by 2026....
...The company has said it wants to become one of the largest European EV brands by the end of the decade, and to account for one in ten battery cars sold in the region by 2030....
...oil-fired boilers; and relaxed plans to phase out gas-fired boilers from 2035....
...This is the sixth annual ranking of 500 high-growth Asia-Pacific companies, compiled by the Financial Times and Statista, the data company....
...The company’s net income fell 46 per cent to Rmb12.2bn ($1.69bn) last year, the state-linked company said in an exchange filing late on Thursday....
...market after Berlin faced opposition to its plans to phase out gas boilers....
...As share prices of European luxury companies fell this week after Kering’s warning, LVMH and Hermès fared best. Another challenge to European brands is the rise of homegrown luxury alternatives....
...in the last quarter of 2023....
...Ministers are consulting on the 2026 ban on new oil boilers as part of the UK push towards net zero carbon emissions by 2050....
...US and European engineering companies have warned that a German bill to replace gas boilers with heat pumps contains provisions that violate the principles of the EU single market....
...Uchida said on Monday that the company would explore new partners in Japan and the US as it looked to remain a major global player....
...“About 20 per cent of Japanese companies joined the government programme to boost valuations....
...a gas boiler....
...companies, and the risk of a conflict over Taiwan....
...The levy will apply until March 2028. In the EU, similar levies have expired. The UK competes for capital with the EU and US. Companies often have a choice over which projects to support....
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