HELSINKI, Nov 26- Applying 17 proven national low-carbon strategies globally could reduce greenhouse gas emissions by 25 percent by 2030, according to a study by the Finnish think tank Sitra. The report said Brazil's drive to reduce deforestation could be copied in Indonesia and elsewhere, and Japan's program to make household appliances more efficient...» Read More
WASHINGTON, July 1- The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB, which owns the Frigidaire and Tappan brands, from buying General Electric Co's appliance business, the Justice Department said in a statement. "Electrolux's proposed acquisition of General Electric's appliance business would leave millions of Americans...
WASHINGTON, July 1- The United States filed a lawsuit on Wednesday aimed at stopping Electrolux AB from buying General Electric Co's appliance business, the Justice Department said in a statement.
HONG KONG, June 24- China's GOME Electrical Appliances Holding Ltd plans to buy Beijing Dazhong Home Appliances Retail Co Ltd for 3.83 billion yuan, formalizing its control of a company it has been managing for around eight years. GOME said it would buy the whole of Beijing Dazhong from Beijing Zhansheng Investment Co Ltd in a deal set off against a 3.6 billion...
Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.
With various companies like Apple designing their products, smart home technology will mature in the coming years, says Tomson Li, chairman & CEO of TCL Corporation.
Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.
Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.
Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.
Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.
Samsung has accused the head of rival LG Electronics' appliances business of damaging Samsung washing machines at retail stores.
This doubles our size in the U.S., says Keith McLoughlin, Electrolux CEO, discussing the acquisition of General Electric's appliance business amid growing global competition in the industry.
General Electric is in talks with potential suitors about selling its appliances business for up to $2.5 billion, Bloomberg reported.
Nest is recalling 440,000 smoke detectors, according to a notice that provides public knowledge of how many of the smart home appliances have shipped.
Keith McLoughlin, Electrolux CEO, tells CNBC he is pleased with the group's "broad growth" and "rich pipeline," and discusses currency headwinds impacting the group.
Whirlpool took a hit when the housing bubble burst but the stock is showing signs of recovery as consumers begin spending again to furnish new homes and upgrade older appliances, reports CNBC's Jackie DeAngelis.
Keith McLoughlin, Electrolux president & CEO, discusses his company's quarterly results, housing and the strength of the consumer.
Home warranties are supposed to provide peace of mind. But in many cases, people who try to use them when something breaks experience disappointment and frustration.
The Supreme Court on Monday strikes down an appeals court ruling that favored consumers who bought Sears front-loading washing machines.
Alex Gunz, fund manager at Heptagon Capital, remains very positive on equities and picks his favourite stocks which include Electrolux and Duerr.
Marriage confers the benefits of division of labor and economies of scale on everything from washing machines to health insurance. But it's not just about living under the same roof.