Air conditioning companies’ sustainable designs face high costs

[ad_1] DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23%…

India’s Tata mulls sale of Voltas home appliances business -Bloomberg News

[ad_1] The logo of Tata Group is seen at a business meeting organised by the Confederation of Indian Industry (CII) in New Delhi March 23, 2009. REUTERS/Vijay Mathur (INDIA BUSINESS)/File…

Breakingviews – German $13 billion heat pump sale dents EU green hopes

[ad_1] LONDON, April 26 (Reuters Breakingviews) – Knowing when to sell out is a common dilemma among family-owned companies. For 106-year-old German heat pump maker Viessmann it looks like an…

German government must analyse planned Viessmann deal – finance min

[ad_1] BERLIN, April 25 (Reuters) – The German government must take a closer look at the potential deal between air conditioner maker Carrier Global Corp (CARR.N) and German industrial manufacturer…

Carrier nears over $12 bln deal for German manufacturer Viessmann – source

[ad_1] April 24 (Reuters) – Air conditioner maker Carrier Global Corp (CARR.N) is in advanced talks to acquire German industrial manufacturer Viessmann for more than $12 billion including debt, according…