The landlord laid off its risk by signing a contract with an electric billing service in which the landlord paid a fixed sum in advance to cover its bills for the winter.

FORBES: Betting against God

The landlord laid off its risk by signing a contract with an electric billing service in which the landlord paid a fixed sum in advance to cover its electric bills for the winter.

FORBES: Betting against God

Merloni can connect machines to a service centre via a phone line, making possible off-site billing, testing and the dispatch of an engineer who knows what needs fixing in advance.

ECONOMIST: Manufacturing in Europe: How to make it | The