Wednesday , 17 December 2025

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Iberdrola buys stake in $2.7bn wind farm

Bloomberg Iberdrola SA agreed to buy the 30% stake it didn’t already own in a wind farm project off the coast of France that will cost an estimated 2.4 billion euros ($2.73 billion) to build as the Spanish utility pursues its fast expansion in the clean power market. Iberdrola, which already had 70% in the Bay of Saint-Brieuc project, is …

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Stocks tumble as oil price crash sends shockwaves

Bloomberg Oil prices crashed, equities plunged and Treasuries soared on Monday as the world headed for a full-blown price war in crude and panic appeared to grip financial markets. In a dramatic start to the week across assets: Futures on the S&P 500 Index fell about 5%, triggering trading curbs designed to limit the most dramatic moves while cash markets …

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India bonds advance, stocks dip over oil rout

Bloomberg Sovereign bonds in India rose to their highest in more than a decade and stocks fell the most since 2015 amid rising risks to the nation’s financial system along with a plunge in crude that led to panic sell-off of risk assets globally. The yield on the benchmark 10-year debt slid below 6% for the first time since 2009. …

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