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Flexible CHP Systems will Play a Significant Role in Grid Stabilization and Resilience

ReportLinker

New York, May 04, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Flexible CHP Systems will Play a Significant Role in Grid Stabilization and Resilience" - https://www.reportlinker.com/p06067705/?utm_source=GNW
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Read the full report: https://www.reportlinker.com/p06067705/?utm_source=GNW

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  • Nasdaq plunges more than 2% as investors dump growth stocks

    The Nasdaq fell more than 2% on Tuesday as steep declines in megacap growth stocks pushed Wall Street below record trading levels, with investors seeking shelter in more defensive parts of the market. Highly valued technology companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc fell between 2.3% and 4.2%.

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  • U.S. car rental firm Avis Budget tops revenue estimates as demand recovers

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  • General Electric shareholders reject CEO Culp's pay deal

    NEW YORK/CHICAGO (Reuters) -A majority of shareholders at General Electric Co's annual meeting rejected the pay packages for named executive officers, including CEO Larry Culp, whose compensation for 2020 tallied $73.2 million. According to preliminary results, 57.7% of shareholders rejected GE's pay packages, a strong rebuke to executives of the industrial company, which is in the middle of a challenging turnaround and has laid off thousands of workers. "While we are disappointed with the preliminary results of the vote, we value and respect the views of the shareholders," the company said.

  • Exclusive: KKR raises $18.5 billion for flagship North America buyout fund - sources

    KKR & Co Inc has amassed about $18.5 billion for its latest flagship North America private equity fund, raising its biggest-ever fund in less than five months, people familiar with the matter said on Monday. It also happened with limited travel among KKR executives amid the COVID-19 pandemic, underscoring investor demand for private-equity funds that promise to outperform the booming stock market. KKR raised about $17 billion for KKR North America Fund XIII from investors including sovereign wealth funds, family offices and public and private pension funds, the sources said.

  • New mortgage refinance program puts hefty savings in reach for millions

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  • Nissan Follows Renault in Selling $1.4 Billion Daimler Stake

    (Bloomberg) -- Nissan Motor Co. is selling stock it owns in Daimler AG worth about 1.19 billion euros ($1.4 billion), joining its partner Renault SA in generating funds for turnaround efforts.Nissan is offering about 16.4 million shares through a sale run by BofA Securities and Societe Generale, according to terms obtained by Bloomberg News. Renault shed its Daimler stake in March, bringing in 1.14 billion euros.Like Renault, Nissan is trying to restore profitability and overhaul its portfolio after the 2018 arrest of their long-time leader Carlos Ghosn threw their alliance into disarray. Projects the two companies started with Daimler just over a decade ago were among the endeavors showing signs of stress before Nissan insiders orchestrated the former chairman’s downfall almost three years ago.Several of Ghosn and former Daimler Chairman Dieter Zetsche’s projects to jointly develop and produce vehicles turned into bruising experiences. Mercedes culled the X-Class pickup that was based on the Nissan Navara due to poor sales, and customers mocked the mediocre quality of the small Citan van that shared components with Renault. The collaboration the companies planned for a factory in Aguascalientes, Mexico, also didn’t pan out as initially planned.Ghosn and Zetsche regularly hosted joint press conferences at car shows before Japanese police arrested the former in late 2018 on suspicion of financial misconduct. Zetsche stepped down from his roles at Daimler the following year.Representatives for Nissan and Daimler didn’t immediately comment on the share sale. Daimler still holds 9.17 million shares of Renault, according to data compiled by Bloomberg.(Updates with value of the shares in the headline and first paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.