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Oil near $57 as threat to Nigerian crisis eases

Bloomberg Crude lingered near $57 a barrel for a third day as oil workers in Nigeria suspended a strike and repairs to a crucial North Sea pipeline proceeded apace. Futures slipped 0.2 percent in New York, erasing gains from earlier in the session. Managerial workers in Africa’s second-largest crude-producing nation halted their strike and agreed to reopen talks next month. ...

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Solar, wind face stealth tax problems from Republican compromise

Bloomberg A deal meant to preserve a key source of financing for wind and solar developers in the Republican tax bill contains some hid-den pitfalls that could undercut its benefit. “If Congress thought they were eliminating the trouble for renewables, they were wrong,” Greg Jenner, a partner at law firm Stoel Rives LLP, said in an email. “It’s a question ...

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China’s Didi aims expansion in Taiwan with franchising model

Bloomberg Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the mainland. Didi plans to only operate as a taxi hailing platform in Taiwan and is seeking to work with existing drivers that it’s recruiting through its Facebook page. The recruitment is being done by ...

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