Bloomberg Chinese investors have dumped Hong Kong stocks at a record clip this month, as the city’s equity benchmark tumbled to its lowest in a year. Mainland investors sold net HK$25.4 billion ($3.2 billion) of Hong Kong equities in August through Tuesday, according to Bloomberg calculations based on daily turnover data. That’s the biggest monthly selling figure since China opened …

Bloomberg California lawmakers approved a measure mandating that all electricity come from wind, solar and other clean-energy sources by 2045, marking the state’s biggest step yet in the fight against global warming. The state Assembly voted 43-32 in favour of the legislation. It would eliminate the reliance on fossil fuels to power homes, businesses and factories in the world’s fifth-largest …

Bloomberg Oil touched the highest level in three weeks after a government report showed a bigger US crude stockpile decline than expected. Futures in New York advanced as much as 1.5 percent. The Energy Information Administration reported nationwide crude inventories fell 2.57 million barrels last week, larger than a decrease of 1.49 million barrels that analysts forecast in a Bloomberg …