Bloomberg China needs to accelerate its build-out of energy sources such as nuclear and pumped-hydro to stave off worsening power crunches in its industrial centres, according to a government-backed think tank. Some of the big cities that have recently suffered power outages when summer demand for air-conditioning peaks are likely to see widening shortfalls in energy supply, according to the …

Bloomberg Singapore Airlines Ltd’s Indian joint venture expects the last four Dreamliners from its Boeing order to arrive by October 2022, a delay of up to seven months as the US planemaker addresses flaws with the jet and the pandemic weighs on air travel. Vistara, which Singapore Airlines jointly owns with conglomerate Tata Group, has received two Boeing 787 Dreamliners …

Bloomberg UK retail sales surged unexpectedly in June as consumers spent more in grocery stores to celebrate European championship soccer, adding momentum to the economic recovery. The volume of goods sold in shops and online rose 0.5% from the month before, the Office for National Statistics said. Economists had expected a 0.1% drop. The figures followed an unprecedented jump in …