Private equity giant Blackstone (BX) will become the majority owner of a company formed by the merger of two major suppliers of equipment to the electric utility industry, the companies said on ...

The global transition to electrification has brought a shift in the technical requirements for hardware which has previously been designed, engineered and optimised for conventional ICE vehicles.

AMETEK's superior profitability is driven by consistently low SG&A expenses, not by unique niche market positioning or gross margin outperformance. Both EIG and EMG segments deliver robust operating ...

One of the U.S.’s worst power outages in history happened on a balmy Thursday in August. The "Northeast Blackout of 2003 was a massive power outage that affected a vast portion of the northeastern ...