Markets

NEW YORK, June 2, 2021 /PRNewswire/ — Con Edison has completed projects throughout New York City and Westchester County to maintain its industry-leading reliability while continuing to lead the state’s shift toward renewables and other clean technologies. The company invested $1.5 billion on new cable, transformers, network protectors, switches and other components that make its electric-delivery system robust.Meanwhile, the company continues to lead New York State’s transition to a low-carbon, clean energy future. Con Edison is adding energy storage to its system and investing in transmission to bring renewable energy to customers. The company is helping customers save with energy efficiency programs, connect solar panels and adopt electric vehicles.”We are making targeted investments based on data and metrics to keep our service reliable while leading the transition to a low-carbon future with cleaner air and water, better health and an economy driven by green jobs,” said Matthew Ketschke, the president of Con Edison. “We are optimistic about our region’s economic and environmental prospects as we emerge from the enormous challenges the pandemic has posed.” “The perseverance of New Yorkers has placed our region on the cusp of a recovery from the health crisis,” he said. “Their desire for clean energy

(RTTNews) – CAC 40 is trading marginally up from yesterday’s levels, in a lackluster day of trading as markets await the Services PMI for May on Thursday as well as the more decisive monthly jobs data from the U.S. on Friday. Around half of the index constituents have advanced from yesterday’s levels whereas the remaining half are in declining trend. Air France KLM and Total, both have risen around 2 percent from yesterday’s levels. Vivendi and Publicis Groupe have declined more than 1 percent from previous levels. France’s ten-year bond eased to 0.168 percent from 0.179 percent on Tuesday, reflecting relief on interest rate trajectory. The lackluster trading sentiment reflects an anxious wait to economic indicators from Eurozone and U.S.as markets will need to assess how central bankers will respond to the coexistence of growth and inflation. The E.C.B President’s speech later in the day as well as the opinions of today’s Federal Reserve speakers will set the tone for a more decisive journey for the markets tomorrow.

Detroit, June 02, 2021 (GLOBE NEWSWIRE) — Brose will attribute 11,445 megawatt hours to clean energy annually through DTE’s MIGreenPower program10-year clean energy commitment begins in 2023Clean energy purchase supports Brose’s global environmental goalsDTE Energy and Brose today announced Brose’s enrollment in DTE’s MIGreenPower voluntary renewable energy program. Brose’s clean energy purchase of 11,445 megawatt hours annually will avoid 81,110 metric tons of CO2 over the company’s 10-year contract. This has the environmental benefit equal to the carbon sequestered by 99,000 acres of U.S. forests in a year.* Brose’s MIGreenPower commitment will be sourced from new clean energy projects that are currently under development and scheduled to come online in early 2023. Brose is a leading manufacturer of mechatronics systems and the world’s fourth largest family-owned automotive supplier. Brose has two manufacturing facilities in Michigan, in addition to Brose Detroit, USA, the company’s North American headquarters. Focused on achieving sustainability throughout its supply chain, Brose has a multi-tiered approach to eco-efficient product design and production. “Brose has been operating in North America since 1993,” said Wilm Uhlenbecker, president, Brose North America. “In this market, and at our locations around the world, we are committed to reducing our impact on the environment and

(RTTNews) – Home improvement retailer Home Depot, Inc. (HD) recommends on Wednesday that shareholders do not tender their shares in response to Tutanota LLC’s offer as the offer requires that the closing stock price for the company’s common stock exceed the offer price. It is also subject to numerous additional conditions, including Tutanota obtaining financing for the offer, which Tutanota states it does not currently have. Home Depot has been notified that Tutanota has made an unsolicited “mini-tender” offer to purchase up to 1 million shares or less that 5 percent, of Home Depot’s common stock, at an offer price of $360 per share. While this offer price is above the current market price of the company’s common stock, the offer is conditioned upon, among other things, the closing price of Home Depot’s common stock exceeding $360 per share on the last trading day before the offer expires. This means that shares tendered in the offer will only be accepted if the offer price is below the closing market price. In fact, the offer states that as of the date of the offer, Tutanota expects to extend the offer until the market price of Home Depot’s common stock exceeds the

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DUBLIN, June 2, 2021 /PRNewswire/ — The “Global Patient-Controlled Analgesic Pumps Market By Type, By Application, By End-use, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering.The Global Patient-controlled Analgesic Pumps Market size is expected to reach $614.5 Million by 2027, rising at a market growth of 9.6% CAGR during the forecast period. Patient-controlled analgesia (PCA) pumps are considered as the devices that are effective & helpful for patients in controlling their pain through the regulation of the amount of medication utilized in pain management.Using a pain medication syringe, PCA pumps give a small amount of prescribed medication at a consistent flow rate to the patient. In addition to it, Patient-controlled analgesia pumps are considered to be a computerized pump that has syringes for pain medication and is directly attached to the intravenous line of a patient. Mostly, it is utilized for post-operative management and provides an extra convenience to those patients facing problems to take medicines orally.COVID-19 ImpactPatient-controlled pumps provide numerous benefits over traditional methods as they offer superior patient management & care. Moreover, the demand for patient-controlled analgesia (PCA) is expected to be fueled due to the increasing shift

PEACHTREE CORNERS, Ga., June 2, 2021 /PRNewswire/ — Jacobs, Peachtree Corners and Qualcomm Technologies, Inc. today announced joint efforts to deploy end-to-end smart solutions in one of the nation’s first smart city environments powered by real-world connected vehicle technology and infrastructure. As a part of the working relationship, Qualcomm Technologies serves as ecosystem enabler by providing technology solutions, while Jacobs manages the installation commission project delivery. The program aims to demonstrate the continued momentum of smart cities and spaces, with Peachtree Corners serving as a model for other municipalities as they look to deploy smart solutions and programs. Peachtree Corners is home to one of the nation’s most advanced smart city ecosystems, with smart connected technologies actively being developed and deployed in real-world conditions. Its Curiosity Lab is home to technology developers and companies enabling the future, while smart connected solutions are being deployed across the community, bringing the region to the forefront in the development of next-generation, Internet of Things (IoT) technologies. Jacobs, Peachtree Corners and Qualcomm Technologies are working together to deploy the company’s technology solutions, focusing initially on roadside infrastructure, traffic management and road safety, with the implementation of Cellular Vehicle-to-Everything (C-V2X) technology. As a part of the

SHANGHAI, June 2, 2021 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that each of the following proposed resolutions submitted for shareholder approval have been adopted at its annual general meeting of shareholders held in Shanghai today: About ZTOZTO is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China. ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain. For more information, please visit https://zto.investorroom.com. For investor inquiries, please contact:ZTO Express (Cayman) Inc.Investor RelationsE-mail: ir@zto.comPhone: +86 21 5980 4508SOURCE ZTO Express (Cayman) Inc.

BEIJING, China, June 02, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,323 Li ONEs in May 2021, representing a 101.3% year-over-year increase.“We are pleased to see our 2021 Li ONE, released on May 25, receive very positive feedback and strong recognition from our users demonstrated by the robust order inflow that took the total orders in May to a record high. Deliveries of the 2021 Li ONE, the first vehicle in the world with a full-stack self-developed NOA in a standard configuration, have already started. Given the strong uptake of the 2021 Li ONE since its launch and the continuous expansion of our direct sales and servicing network, we are optimistic that our deliveries in the second quarter will exceed the top end of our guidance range, and keep rising going forward, while the ongoing industry-wide semiconductor shortage continues to generate uncertainties,” said Yanan Shen, co-founder and president of Li Auto.The Company had 83 retail stores covering 57 cities, and 147 servicing centers and Li Auto-authorized body and paint shops operating in 109 cities as of May 31, 2021.About

BEIJING, June 2, 2021 /PRNewswire/ — Cheung Kong Graduate School of Business’ Center on Finance and Economic Growth released results of its 2021 Q1 Business Sentiment Index, a survey of more than 2,000 Chinese companies from within the industrial sector to provide the most comprehensive set of independent data currently available. The overall sentiment remained flat at 50. The diffusion indices reflecting real output, including production, electricity consumption and domestic orders all indicate a slight expansion. However, low demands in the domestic and international markets and rising cost of raw materials hinder the full recovery of the sector. The companies surveyed are still cautious about the future, with only 1% of them making expansionary investment. Products in 88% of surveyed companies were oversupplied in the domestic market. Correspondingly the overcapacity diffusion index reflecting insufficient domestic demand rose by one point to 94, hitting a record high. The cost of raw material have risen across the board, with a diffusion index of 85, an increase of 16 points from the previous quarter, also the highest in history. This has led to a significant increase in unit costs, with a diffusion index of 84. Against the context of overcapacity, companies lack pricing