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Brexit Britain’s new carbon market makes polluting pricier

Bloomberg The first handful of trades in the UK’s new carbon market indicates that polluting will be more expensive for everyone from power plants to factories than it is under the European scheme. The launch of the UK’s own carbon system is a replacement for the country’s participation in a nearly identical EU program that’s been going since 2005. Putting ...

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India Inc’s profits won’t survive costs, Covid-19

Lately, India has had very little to smile about. Something that Colgate-Palmolive Co’s tepid growth in the world’s pandemic epicenter amply demonstrates. The toothpaste maker’s results offer a fresh look at a puzzle: the Indian stock market’s apparent disregard for the country’s worst humanitarian disaster in almost 75 years. Scientists are forecasting 1.2 million deaths by end-August, hospitals are running ...

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Apple trial delivers an Epic surprise

Epic Games Inc, the maker of Fortnite, may pull out a surprising last-minute victory in its court battle against Apple Inc with potential wide-ranging ramifications for how millions of iOS app developers make money. First, a brief recap: The conflict that spawned the trial began last August when Epic deliberately broke Apple’s App Store rules by updating its Fortnite video ...

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