The Communist Party chief of Xinjiang has held talks with top executives from Singapore’s sovereign wealth fund Temasek, as the western Chinese region continues its efforts to boost foreign investment. Ma Xingrui, party secretary for the Xinjiang Uygur autonomous region, met Temasek chairman Lim Boon Heng and executive director and CEO Dilhan Pillay Sandrasegara in … Read more
Four current and former senior executives of China’s state-owned enterprises in sectors including finance and energy have been placed under investigation for alleged corruption. They are Zuo Zuqing, deputy director of the state-run China National Nuclear Corp’s capital operational centre; Chen Xiaopeng, former party secretary and director of the China Securities Regulatory Commission’s Shenzhen branch; … Read more
The UK is fueling new competition in the global energy market by investing in high-tech nuclear fuel development which will counter Putin’s dominance. On January 7, the Department for Energy Security and Net Zero announced a £300 million investment to support domestic nuclear fuel generation which would be used to power next-generation nuclear reactors across … Read more
In a bid to alleviate the energy industry’s staggering £3 billion debt accumulated from unpaid gas and electricity bills, the Office of Gas and Electricity Markets (Ofgem), the industry regulator, has unveiled plans to lift the energy price cap. This unprecedented move aims to assist suppliers in recovering from the financial fallout of the energy-driven … Read more
