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India considering 7.5 percent tariff on imported solar panels

Bloomberg India, the largest buyer of solar equipment from neighbouring China, is considering a 7.5 percent tax on imported solar panels, according to government officials with knowledge of the situation. Such imports aren’t taxed now, but might be reclassified as motors, which are subject to the tariff, the officials said, asking not to be named until a final decision was ...

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Forties pipeline crack under probe

Bloomberg The UK Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline that disrupted production at more than 80 fields for weeks. While an HSE spokesman couldn’t comment further on the matter, such investigations aren’t automatically triggered. Incidents must be severe or unusual enough to meet the regulator’s criteria for a ...

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Angola joins long list of oil nations in ditching dollar peg

Bloomberg Angola is poised to become the latest emerging nation to abandon its currency peg as it seeks to rescue an economy still reeling from the oil-price crash four years ago. The southern African nation, an OPEC member, said this week it would let the kwanza trade within a new band. The rate at which it’s been fixed against the ...

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