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UK grid plans for 30m electric cars by 2040

Bloomberg The number of electric cars on Britain’s roads will jump to 30 million in next 20 years, helped by government policies to phase out sale of polluting cars. The nation’s goal of reaching net-zero emissions by mid-century is looking more achievable under three out of four scenarios modelled by network operator National Grid Plc’s Electricity System Operator unit in ...

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UK plans to fight obesity with advert bans, calorie labels

Bloomberg The UK proposed strict new limits on junk food advertising as ministers seek to control the country’s growing obesity problem, which has been identified as a factor in coronavirus deaths. Plans include banning TV and online advertising of foods high in fat, sugar or salt before 9 p.m., the Department for Health and Social Care said on Monday. Advertisers ...

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TSMC’s $35b rally puts Taiwan stock index above 1990 peak

Bloomberg Taiwan’s equity benchmark broke a record that stood for three decades, helped by the biggest surge in years for the economy’s biggest stock. The Taiex closed 2.3% higher Monday as Taiwan Semiconductor Manufacturing Co. soared the 10% daily limit. The $35 billion addition to its market capitalisation makes TSMC the 12th most valuable stock worldwide, ahead of US retail ...

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