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Gas is new coal with risk of $100b in stranded assets

Bloomberg Natural gas is falling out of favour with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell. Citigroup Inc and JPMorgan Chase & Co are among the banks that strengthened their financing restrictions on thermal coal under pressure ...

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London needs a tech IPO hit to forget Deliveroo debacle

London is finally getting a proper test of its appetite for loss-making, high-growth technology stocks. The impending initial public offering of cybersecurity startup Darktrace Plc fulfills many of the criteria that much-hyped Deliveroo Holdings Plc didn’t, but investors are still being asked to overlook some issues that would likely be less of a concern in the US. Deliveroo’s experience made ...

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Can big data collect debt in India?

A 2021 remake of Get Shorty might not have much use for John Travolta’s Miami mobster character. The debt collector role could go to a bot. You can test this hypothesis in a most unlikely place to roll out a new technology: the Indian countryside. The setting is perhaps not as odd as it seems, with about 5% to 10% ...

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