Bloomberg Clean energy is gaining a greater share of India’s energy mix, a silver lining amid the country’s prolonged virus lockdown that has cut power demand by about a quarter. Electricity generated from renewable sources, nuclear and hydropower made up 27% of India’s total generation as of April 15, data from grid operator National Load Despatch Centre show. That’s up ...

Bloomberg The Danish economy may lose more than 190 billion kroner ($28 billion) this year, the equivalent of 8.3% of gross domestic product, as a result of a slowdown in economic activity, according to a business survey conducted by the Confederation of Danish Industry. The figure is up from an estimate of 155 billion kroner four weeks ago, according to ...

Bloomberg International Business Machines Corp. (IBM) reported a drop in first-quarter revenue and pulled its profit forecast for the year, signalling that the Covid-19 pandemic has become another hurdle for the company in its transition to cloud computing. Sales declined 3.4% to $17.6 billion in the period that ended March 31, the Armonk, New York-based company said in a statement. ...