LONDON: Britain is working out how to support energy-intensive industries hit by soaring gas prices

factories to battle the pandemic are taking a toll on Asian economies. While business sentiment is

NEW YORK: China’s factory activity contracted in September for the first time since the pandemic

power cuts to meet government energy use targets forced Chinese factories to shut down and left some

, also warned that “ exposed ” businesses such as energy-intensive users and retailers would be

working with the Chancellor of the Exchequer to over plans to bailout British factories

BEIJING( REUTERS)-China will secure domestic energy supplies this winter while ensuring its climate

BEIJING: Profit growth at China’s industrial firms slowed for a sixth month as plants fought off high commodity prices, Covid-19 outbreaks and part shortages, with an unfolding power crisis a growing threat to output and bottom lines. Profits rose 10.1% on year in August to 680.3 billion yuan( US$ 105bil or RM440bil) compared with a 16.4% gain in July, data from China’s statistics bureau showed yesterday. The world’s second-biggest economy rapidly recovered from a pandemic-induced slump last yea

Close Energy prices are spiking around the world, with blackouts in China, factories temporarily

BEIJING: China’s annual factory gate prices grew at their fastest pace on record in September