Bloomberg Eskom Holdings SOC Ltd told operators of some independent wind-power plants that it won’t need their power at certain times of day due to lower demand amid a national shutdown. The amount of power generated from wind is at its highest when Eskom’s need is lowest, said Sikonathi Mantshantsha, a spokesman for the state-owned utility. South Africa started a …

Bloomberg Stocks fell in Europe and Asia along with US equity futures as investors took in worsening American coronavirus figures and assessed the impact of the pandemic on corporate profits and dividends. The dollar climbed with Treasuries. Banks led the decline in the Stoxx Europe 600 index after lenders including HSBC Holdings Plc and Standard Chartered Plc halted dividends and …

Bloomberg India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the financial year that ended on April 1, latest official data show. As India now conducts the world’s biggest lockdown, budget pressures are set to worsen. Finance Minister Nirmala Sitharaman has already outlined a virus relief package of …