EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:48
Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG A shrinking land bank and sluggish property demand are likely
2023-05-18 16:20
BT to Cut Up to 42% of Jobs by 2030 Following Fiber Rollout
BT Group Plc said it plans to cut its labor force, including employees and contractors, by as much
2023-05-18 15:51
Toyota, partners to start selling electric micro-vans by March 2024
TOKYO Toyota Motor Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan's delivery industry
2023-05-18 15:51
Ukraine Recap: Kyiv Downs Missiles, China Envoy Meets Zelenskiy
Air defense intercepted 29 out of 30 missiles fired by Russian forces overnight, Ukraine’s army chief Valeriy Zaluzhnyi
2023-05-18 15:25
Philippines Pauses Rate Hikes as Inflation, Growth Cools
The Philippine central bank halted its most aggressive monetary tightening in two decades, amid easing inflation and moderating
2023-05-18 15:24
World Bank Prescribes Fixes to Help Cambodia’s Economic Recovery
Cambodia, home to the famed Angkor Wat temple complex that ranks among Southeast Asia’s top tourist attractions, needs
2023-05-18 15:18
UK Energy Suppliers to Repay Customers After Overcharging
Ovo Energy Ltd. and Good Energy Ltd. will repay a combined £4 million ($4.99 million) for overcharging customers
2023-05-18 15:17
National Grid Beats Estimates as Power Networks Drive Gains
National Grid Plc posted strong full-year profit as the UK utility’s networks business grew in Britain and the
2023-05-18 14:59
Royal Mail Plunges to £1 Billion Loss After Fight With Union
Royal Mail reported an operating loss of £1 billion ($1.25 billion) after the beleaguered delivery service endured a
2023-05-18 14:57
How Thailand’s Election Winner Used TikTok to Eke Rare Progressive Triumph
Thailand’s election-winning Move Forward Party had a TikTok advantage: while all the country’s big parties used social media
2023-05-18 14:53
EasyJet Sees Summer Boost With Fares on the Rise
EasyJet Plc said it’s benefiting from higher ticket prices heading into the peak summer season as air travel
2023-05-18 14:50