Shell Exited China Power Business Amid Push to Boost Returns

Shell Plc exited its power business in China at the end of last year as the company continues to refocus its investments in a bid to drive up profitability. “Shell decided to exit the power value ... Read More

China May Be Preparing to Deploy Economic 'Nuclear Option'

China claims democratic Taiwan as its territory, though Beijing's ruling Chinese Communist Party has never governed there. U.S. officials believe Xi has instructed Chinese forces to be prepared to ... Read More

Shell Quits China’s Power Markets

Shell exited the Chinese power generation and trading markets effective end-2023, as it scales back its power business globally to focus on more profitable operations ... Read More

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

This move reflects a commitment to selectively invest in profitable ventures within the power sector. The decision to exit China’s power market comes amid a broader effort to streamline operations and ... Read More

Shell exits China power market businesses

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations, it said on Wednesday. Read More

China’s Factory Activity Keeps Growing But Loses Some Steam

China’s latest batch of factory activity showed the manufacturing sector has continued growing, but has lost some steam as economic headwinds persist. Read More

Wall Street plunges after US inflation shock

US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped. Read More

Fed holds rates as it warns fight against inflation has hit a bump

The world’s largest central bank has warned that its fight against inflation has hit a bump in the road, forcing it to keep interest rates at a 23-year-high. Read More

FTSE 100 surges to record high as Middle East tensions ease

Thames Water plans to spend nearly £20bn fixing leaks and sewage spills under a new business plan sent to regulators. The beleaguered water supplier, which has £18bn of debt, wants to spend £1.1bn ... Read More