Germany facing coal shortage – Bloomberg

Electricity producers in Germany’s Rhine region have warned that power supply may decrease amid the delays in coal deliveries to power plants due to low water levels in major rivers, Bloomberg reported on Friday.

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UK factories facing bleakest winter in 50 years – Bloomberg

The British manufacturing industry is facing its worst winter since the 1970s as spiking energy costs could result in blackouts and shutdowns, Bloomberg reported on Friday. The report indicated that the latest purchasing managers’ index, which was published on Thursday, confirmed the steepest contraction in production since the depths of the coronavirus lockdown in May…

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UK’s new prime minister to be revealed

The results of the British Conservative Party leadership contest will be announced around 11:30am GMT The winner of the race to replace Boris Johnson as the next leader of the ruling Conservative Party – and UK’s new prime minister – will be named on Monday. The two contenders are Foreign Secretary Liz Truss or former…

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