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Top oil refiner sees India’s green hydrogen push halving costs

  Bloomberg Indian Oil Corp Ltd, the country’s biggest oil refiner and a large user of hydrogen, expects prices of the cleanest form of the fuel to halve after the government scrapped fees on wheeling renewable power across the country. The offer to waive transmission charges on green energy from one state to the other can reduce costs by as ...

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China should remember lessons of Nixon visit

  China’s leaders could be forgiven for gloating a little next week, the 50th anniversary of President Richard Nixon’s historic visit to Beijing. Their nation was arguably the biggest winner from Sino-American rapprochement. But it’s in danger of forgetting what made that victory possible. In February 1972, the country on which Nixon bet the equivalent of a geopolitical house was ...

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Hong Kong’s brain drain causing pain

Hong Kong officials have typically reacted with nonchalance to questions about the city’s record population exodus. Financial flows show the territory retains its hub status, business confidence is unshaken, those departing are denying themselves a role in a prosperous future. Or so some of the familiar arguments run. The Securities and Futures Commission’s (SFC) staffing struggles offer a different perspective. ...

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