Saturday , 11 April 2026

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Indian rupee drops to another record low

  Bloomberg The Indian rupee touched another record low as foreign investors continued to sell the nation’s equities. The rupee declined to as low as 80.06 per dollar on Tuesday before reversing losses as traders cited possible central bank intervention. The currency has been buffeted by nearly $30 billion of foreign outflows from the nation’s equities so far this year …

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Germany breaks solar record as heat wave sears Europe

Bloomberg Germany produced a record amount of electricity from solar and is set to exceed that again on Tuesday as a heat wave grips Europe. About 38,174 megawatts were generated from solar panels and high levels are expected through Wednesday. A fresh record is possible on Tuesday, with a maximum 38,287 megawatts forecast. A brutal heat wave is moving into …

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Europe power firms’ debt soars to $1.7trn

  Bloomberg European energy and utilities companies are racking up more debt to cover cost of soaring oil and gas prices. Their overall debt, which has been climbing since the pandemic, has swelled this year to more than 1.7 trillion euros ($1.7 trillion) — more than a 50% jump from before 2020. Most recently, Germany’s Uniper looks set to need …

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