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Canadian retail sales slide in Nov

  Bloomberg Canadian retail sales edged lower in November after higher gasoline prices boosted spending in October. Receipts for retailers dropped 0.5% last month, according to an advance estimate by Statistics Canada. That erased some of the 1.4% growth in October — the largest increase in five months that was led higher by sales at gas stations and supermarkets. The ...

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Africa could make $1.06 trillion of green hydrogen a year: EIB

Bloomberg Africa has the potential to produce $1.06 trillion worth of green hydrogen a year by 2035, allowing it to export the fuel and boost local industry, according to a study backed by the European Investment Bank (EIB). By harnessing the world’s best solar energy resource a number of countries on the continent could produce the fuel, which is made ...

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China’s Covid wave spurs new variant worry, sequencing falls

  Bloomberg The tsunami of Covid-19 that’s taking hold across China is spurring concern that a dangerous new variant could emerge for the first time in more than a year, just as genetic sequencing to catch such a threat is dwindling. The situation in China is unique because of the path it’s followed throughout the pandemic. While almost every other ...

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