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Texas power use hits record high as heatwave lingers

Demand for power in Texas hit a record high on Monday as homes and businesses kept air conditioners cranked up to escape a heatwave.

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France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.

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Japan PM Kishida in Qatar for LNG talks

Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar on Tuesday for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.

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Softbank-backed Neumora's depression drug cuts symptoms in mid-stage trial

Softbank-backed Neumora Therapeutics' experimental drug navacaprant has helped reduce symptoms of depression in patients with moderate-to-severe forms of the disorder in a mid-stage trial, the company said on Tuesday.

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Analysis: Microsoft tests the limits of Britain's antitrust authority

The decision by Britain's antitrust regulator to rip up its play book for Microsoft shows the limit of its ability to kill mega-deals on its own, even if some agreed with its opposition to the U.S company's $69 billion acquisition of Activision Blizzard.

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Arizona power demand breaks records during heatwave

Electricity demand from customers of the Arizona Public Service (APS) soared to an all-time peak for the second time in a week, on July 15, mirroring similar trends in Texas as grid operators grapple with a heatwave in parts of the United States.

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Most Gulf bourses gain on dovish Fed bets; Saudi eases

Most stock markets in the Gulf ended higher on Tuesday on bets for an imminent end to U.S. interest rate hikes, although the Saudi index eased on volatile energy prices.

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Texas power demand to break more records in heat this week

Demand for power in Texas will likely hit more record highs this week as homes and business keep their air conditioners cranked up to escape another heatwave.

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US FTC eyes options after Microsoft/Activision loss, source says

The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.

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