Ottawa / AFP Canada approved two new pipelines including one to the Pacific coast that will allow producers to sell into new Asian markets, while rejecting a third project. Prime Minister Justin Trudeau told a press conference his government has agreed to tripling the capacity of Kinder Morgan’s half-century-old Trans Mountain pipeline to move crude from the Alberta oil …

Bloomberg London Mayor Sadiq Khan pledged to stop buying double-decker buses that run purely on diesel from 2018, as part of his drive to clean up the capital’s toxic air. In addition, all new single-deck buses will be zero-emission, Khan’s office said in an e-mailed statement on Wednesday. The mayor also unveiled the world’s first double-deck hydrogen-fueled bus, manufactured by …

  Bloomberg Personal spending increased at a more moderate pace in October after the biggest gain in five months, while faster income growth signaled demand will be sustained. Purchases rose 0.3 percent after a 0.7 percent September advance that was stronger than first estimated, Commerce Department figures showed on Wednesday. The median forecast in a Bloomberg survey called for a …