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Yoga guru’s ambition to beat Unilever in India gets tougher

Bloomberg Hindustan Unilever Ltd.’s revenue climbed 4.1 percent in the third quarter as India’s largest consumer-goods company widened the gap with competition including from yoga guru Baba Ramdev’s Patanjali Ayurved Ltd. Revenue at the Indian unit of Unilever rose to 87.4 billion rupees ($1.4 billion) in the three months through December, the Mumbai-based company said. That exceeded the 84.3 billion-rupee ...

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Wanda nears sale of Australia properties

Bloomberg Billionaire Wang Jianlin’s Dalian Wanda Group Co. is close to reaching an agreement to sell two Australian luxury property projects—one in Sydney and one on the nation’s Gold Coast, according to people familiar with the matter. The buyer is of Chinese origin, said two of the people, who asked not to be identified because discussions are private. A deal ...

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China solar boom boosts clean energy funding near record

Bloomberg China’s insatiable appetite for solar power led to a surprise increase in global clean-energy investment last year even as US President Donald Trump pushed to undermine pollution rules and curbs on coal. About $333.5 billion poured into renewable energy and cutting-edge power technologies, up 3 percent from 2016 and 7 percent short of the record set in 2015, according ...

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