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India’s power pollution cap goal at least 6yrs too early

Bloomberg India wanted to cap toxic emissions from power plants by December. It’s now discovering that target is at least 6 years from its reach. The nation’s power industry regulator says a countrywide roll out of equipment to lower sulfur dioxide emissions won’t be completed until 2023. And that’s only one of the the four types of pollutants plants must ...

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Asia’s biggest zinc producer sees prices heading to decade high

Bloomberg The rally in zinc prices has the potential to jump this year to levels not seen in a decade as demand continues to outstrip supply amid mine output disruptions, according to Hindustan Zinc Ltd., Asia’s biggest producer by market value. Prices on the London Metal Exchange may rise to about $3,000 a metric ton in the next couple of ...

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Blackstone profit up as market buoys real estate and buyouts

Bloomberg Blackstone Group LP rode a widespread market advance in the second quarter, earning 36 percent more than a year earlier. The results fell short of analysts’ estimates as a downturn in energy prices hit private equity holdings. While the asset manager’s public holdings — shares of companies it’s taken public — tracked positively, private investments were “pressured by the ...

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