Bloomberg Electricity prices surged to a fresh record as France scrambled to keep its lights on, sucking up supplies from the rest of Europe. France, usually an exporter of power, is boosting electricity imports and even burning fuel oil. The crunch comes after Electricite de France SA said it would halt four reactors accounting for 10% of the nation’s …

  Bloomberg Chinese solar companies are gradually shifting the country’s solar supply chain away from Xinjiang as the US increases its scrutiny of the region. Daqo New Energy Corp, which operates a massive polysilicon factory in the western China region, announced it would build a second, larger facility in Inner Mongolia. That’s part of a broader movement. Just 15% of …

  Bloomberg Snapdeal Ltd, the Indian e-commerce startup backed by SoftBank Group Corp, filed preliminary documents for an initial public offering, adding to the rush of tech companies looking to debut on the country’s exchanges amid a record-breaking stock market rally. The New Delhi-headquartered company plans to raise 12.5 billion rupees ($165 million) through the sale of new shares, according …