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India seeks to expand biofuels market to $7.5bn by 2022

  Bloomberg India is targeting a more than sevenfold expansion in its biofuels market over the next six years, stepping up the country’s efforts to cut its reliance on energy imports. Blending five percent of biodiesel with regular diesel and 10 percent ethanol with gasoline could boost the market to 500 billion rupees ($7.5 billion) by 2022, from about 65 ...

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Cities in China tighten home-buying rules

  Bloomberg Two cities in China’s eastern Jiangsu province unveiled a package of measures designed to stem a surge in property prices, as more local policy makers are gearing up to cool overheating home markets. Nanjing, Jiangsu’s provincial capital, and Suzhou, a regional manufacturing base that’s a 30-minute train ride from Shanghai, will raise down-payment requirements for some buyers of ...

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Preservationists happy over sale of Boston building with Citgo sign

  Bloomberg Boston University’s announcement that it has agreed to sell the building on which the city’s Citgo sign sits to a local developer is raising hopes among preservationists that the iconic symbol will stay. The university said it had reached a deal with developer Related Beal to sell a package of several properties, including the home of the 3,600-square-foot ...

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