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In the vast expanses of sun-drenched north-west Australia, one of the most ambitious energy ventures in history is being planned as part of a pipeline of billion-dollar hydrogen projects across the country. The Asian Renewable Energy Hub is expected to cover 6,500 square kilometres in the Pilbara mining region with solar panels and wind turbines
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Ukraine plans to open a humanitarian corridor for civilians to leave Mariupol, the besieged south-eastern city where Russia this week began a bombing campaign targeting the city’s Azovstal steelworks. The government secured agreement on a corridor to bring civilians out of the city from 2pm, Iryna Vereshchuk, Ukraine’s deputy prime minister, said on Wednesday. Buildings
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Some international airlines have dropped a requirement for passengers to wear masks on flights to and from America after a US judge threw out a Biden administration mandate. Judge Kathryn Kimball Mizelle, a Donald Trump appointee who sits on the federal bench in Florida, deemed the public transport mask mandate unlawful on Monday, ruling that
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Disrupter of disrupters? Or swan song of the special purpose acquisition company? European investors are making that call over a deal involving music streaming service Deezer. The French group has reached terms with cash shell I2PO to list on Euronext Paris at a pre-money value of €1bn. Bringing together billionaires François-Henri Pinault and Leonard Blavatnik,
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Stanley Gibbons expects stamp and coin enthusiasts to benefit from rising prices for their collections, as inflationary pressures push investors to hedge against inflation. Graham Shircore, chief executive of the collectibles dealer, said on Tuesday there was “some evidence that real assets tend to do reasonably well during periods of heightened inflation . . . stamps and coins have
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Robinhood has agreed to buy UK crypto company Ziglu, as the US retail brokerage steps up its expansion beyond share trading and makes a second attempt to push into Britain. The Californian company said on Tuesday that London-based Ziglu’s “impressive team of deeply experienced financial services and crypto experts [will help] accelerate our global expansion
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Voters hear the chord, not the individual notes. Policies that poll well on their own terms can seem rash or even extreme when combined in great number. Americans want better roads, cheaper healthcare and more cash for climate change abatement. They even like the idea of funding these projects with higher taxes on the rich.
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China has signed a security deal with the Solomon Islands just days ahead of a visit by US government officials to the South Pacific country, exacerbating western fears over Beijing’s growing influence in the region. Wang Yi, China’s foreign minister, and his Solomon Islands counterpart Jeremiah Manele signed the deal “in recent days”, the Chinese foreign
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Gunvor has reported a more than doubling of its full-year profits, becoming the latest commodity trader to reveal bumper earnings for 2021 when it cashed in on rising demand for energy as lockdown restrictions eased. The Geneva-based company controlled by billionaire Torbjorn Tornqvist said on Tuesday its net income hit $726mn in the year to
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