Bloomberg China’s biggest oil company said its first-half profits jumped 50% to 60% from a year ago amid a surge in global energy prices. PetroChina Co.’s preliminary net income rose between 26.5 billion to 32 billion yuan ($3.9 billion to $4.7 billion) from last year, it said in an exchange filing. The company earned 53 billion yuan in the …

Bloomberg Electricite de France SA’s (EDF) nuclear-generation problems are not just a concern at home. They’re causing a headache for the UK too. Britain’s electricity system is facing a repeat of last winter, according to Fintan Slye, director of National Grid Plc’s network operator. That was when the buffer of spare generation capacity tightened, sending prices soaring. The warning is in …

Bloomberg As the aerospace world gathers in southern England next week for the first major commercial show since 2019, the stakes are particularly high for one half of the global planemaking duopoly. As ever, the spotlight at the Farnborough International Airshow will focus on the battle between Airbus SE and Boeing Co for orders, with rapid-fire, often last-minute announcements providing …