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GLOBAL ECONOMY US recession fears darken outlook for global growth

GLOBAL ECONOMY US recession fears darken outlook for global growth

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

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Column: Green hydrogen may be energy’s future, but it’s complicated

Column: Green hydrogen may be energy’s future, but it’s complicated

A new hydrogen fuel cell truck made by Hyundai is pictured at the Verkehrshaus Luzern (Swiss Museum of Transport) in Luzern, Switzerland October 7, 2020. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register DEVONPORT, Australia, June 23 (Reuters) – Green hydrogen is often touted as the future of energy, providing a flexible …

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Australia power crisis forces manufacturers to eye offshore moves, production cuts

Australia power crisis forces manufacturers to eye offshore moves, production cuts

SYDNEY, June 20 (Reuters) – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to pressure on the government to resolve the country’s energy crisis. The CEOs of Brickworks Ltd (BKW.AX), the country’s largest brickmaker, and Boral Ltd …

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Australian power station fire will not worsen energy crisis -market operator

Australian power station fire will not worsen energy crisis -market operator

The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, June 19 (Reuters) – A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, …

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