”Moving” washing machine developed

A washing machine designed to work faster than any other model on the current market has been developed by a Japanese company. The Moving Drum appliance utilises the technical differences between washing and drying clothes to perform each task in what the manufacturer claims is half the tradition…

Maytag Washing Machines Recalled Due To Fire Hazard

From the Detroit Free Press: “The federal government announced a recall of 250,000 Maytag-brand front loading washing machines, due to the possibility of water leaking onto electrical connections and posing a fire hazard. The U.S. Consumer Product Safety Commission issued a release that also said…

Washing-machine firms want EU support

Europe’s leading domestic appliance-makers are demanding fiscal incentives to persuade consumers to switch to more energy-efficient dish-washers and fridge-freezers and help the EU meet its ambitious targets for cutting carbon emissions. Bosch, Beko, Electrolux, Indesit, Philips and other manufac…

Profits up 15% at Comet owner

Strong demand for flat screen televisions and satellite navigation systems drove profits higher at Kesa Electricals, owner of the Comet retail chain. Pre-tax profits at the group jumped 15.4% to £165.4m in the year ending January 31. Profits from Comet, which is partway through a store refu…

Aga cooks up special dividend

Premium kitchen equipment supplier Aga has warmed its investors with the promise of a special dividend, and predicted it would benefit from growing awareness of environmental issues. Aga Foodservice Group, best known for its eponymous cast iron ovens, announced a near 8% increase in pre-tax profi…

Currys to stop selling incandescent bulbs

High street retailer Currys today flicked the off-switch for inefficient lighting by announcing that it would no longer sell high-energy incandescent bulbs. The announcement, which comes a day after the chancellor, Gordon Brown, pledged to remove the bulbs from UK homes by 2011, will see them dis…

Samsung Chief Bugged By Global Competition

South Korea could face fierce global competition that threatens entire industries in four to six years, Samsung Group Chairman Lee Kun-hee said. “Not only Samsung but the whole nation should wake up. Otherwise we may face a chaotic situation in four to six years,” Lee said at a meeting of busines…

Class Action Filed Against Whirlpool

Little Rock, AR: A class action lawsuit has been filed against Whirlpool Corporation: Paula Rush et al, filed in the United States District Court for the Western District of Arkansas, Case No. 07-2066 claiming that Whirlpool knew, or should have known, that the side-by-side refrigerators were def…