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Latest reporting, briefings and public-interest updates from the business desk.
Water companies in England and Wales have been allowed to spend £3.4 billion beyond their existing plans, a decision expected to increase household bills as firms fund infrastructure for new homes and data centres.
Britain’s grid operator sought extra generation for the August 12 evening peak as a solar eclipse reduced output and a heatwave increased demand, while saying customer supplies were not at risk.
Indian electric-mobility company Yulu has raised $93 million as it targets a 200,000-bike fleet within two years and new logistics uses.
Air China is scheduled to fly a Comac C919 from Beijing to Ulaanbaatar on August 12, marking the Chinese-built jet’s first use on an international commercial route.
Prime Minister Abiy Ahmed says Addis Ababa’s Friendship Park generated nearly 1 billion birr over four years, offering a new measure of the public space’s financial activity.
New rules taking effect this week allow Britain’s electricity system operator to initiate rotating emergency power cuts at short notice when supplies run dangerously low.
Chinese carmakers sold 171,800 battery-electric vehicles across major Western European markets in the first five months of 2026, lifting their share to 14.2% despite EU tariffs.
Moody’s says banks can gain efficiency and revenue from artificial intelligence, but growing reliance on a small group of model and cloud providers could create systemic outages, pricing pressure and new operational risks.
