Bloomberg Electricite de France (EDF) SA warned that unusually warm river temperatures are likely to force it to reduce nuclear output at time when about half the country’s reactors are already offline. With air temperatures in Paris forecast to climb above 25 degrees celsius (77 Fahrenheit) this weekend, some of the rivers used to cool EDF’s nuclear power plants …

Bloomberg China’s central bank repeated a pledge to proactively address mounting economic pressure and also highlighted a drop in deposit rates, a decline that could spur banks to lower the cost of borrowing for the first time in months. The People’s Bank of China (PBOC) reaffirmed it will focus on supporting small businesses, sectors and groups hit by Covid-19 outbreaks, …

  Bloomberg The dollar’s relentless advance to a two-year high is roiling Asian currencies and pushing policymakers into action to curb losses. From direct dollar selling to verbal intervention, authorities are deploying every tool from their armouries to ward off currency threats. India and Taiwan have intervened in the market, while Japan has tried to talk up the yen. China …