SINGAPORE - Utilities and marine group Sembcorp Industries expects the performance of its energy business to be markedly lower than last year due to reduced demand and falling prices.
Power demand in Singapore, India and Britain declined by about 10 to 25 per cent in April compared with the same month last year, the company noted. The effects of the pandemic and low oil prices on projects' final investment decisions will continue to hit new orders in coming quarters, it added.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Australia: Shares end higher as rising commodity prices boost miners, energy stocks[SYDNEY] Australian shares closed higher on Monday, driven by gains in mining and energy stocks as the heavyweight sectors benefited from climbing prices of their respective underlying commodities. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »
Huawei calls US move to curb chips supply 'arbitrary', expects business impactHuawei Technologies said on Monday that its business will be inevitably impacted by the latest US move to restrict chip sales to the Chinese ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »