Bloomberg China’s battle to cut notorious air-pollution levels is hurting sales of air purifiers by Royal Philips NV. Revenue from the machines that capture harmful fine particles in homes dropped by a high-single-digit amount in China, in the second quarter, the Dutch maker of hospital scanners and medical gear said in a statement. That left distributors scrambling to adjust inventories. ...

Bloomberg Senegal’s decision to become the first African country on the Atlantic coast to sign up to the Belt and Road Initiative shows how quickly the transport network project connecting China by land and sea to Asia, the Middle East, Europe and Africa is expanding. Lending by China to Africa rose to about $12 billion in 2015 from little more ...

Bloomberg A deadly heat wave across Asia is stretching electricity grids from southern China up to Tokyo and Seoul, sending prices to multiyear highs and sparking warnings of more power stress to come. Japan breached records above 41 degrees Celsius (106 Fahrenheit) as the heat that’s been blamed for at least 15 deaths this month pushed electricity rates to the ...