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India plans to cut coal imports by a third over next five years

Bloomberg India’s coal ministry is preparing a plan to cut imports of the fuel by at least a third over the next five years, counting on an increase in domestic production and a jump in renewable output, according to people familiar with the plan. Imports are seen falling to below 150 million tons by the year ending March 2024, down ...

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Berkshire cash pile hits record $122 billion as profits increase

Bloomberg Warren Buffett’s distaste for overpaying is winning out over his frustration with sitting on a lot of cash. With stocks at record highs, Berkshire Hathaway Inc. sold $1 billion more worth of stocks than it bought last quarter, its biggest net selling since the end of 2017. Buffett spent last year building a massive stake in Apple Inc. and ...

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Poland’s $32 billion mortgage fiasco gets its day in EU court

Bloomberg From his humble beginnings setting up a one-man law firm in Warsaw, Jacek Czabanski has become a crusader for Poland’s struggling mortgage holders, fighting a battle that stands to reshape the country’s powerful banking industry. Since 2015, Czabanski has been busy building a case for several hundred mortgage holders who have sued their banks for what they say are ...

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