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Water bosses could now face jail for cover-ups

Lucy Hooker BBC Business reporter Getty Images Law-breaking water company executives face tougher punishments, including possible prison sentences, under new powers that have come into force in England and Wales. Bosses who fail to co-operate or obstruct investigators looking into sewage spills can now be jailed for up to two years. The government said the […]

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Donald Trump deep sea mining order violates law, China says

Donald Trump has signed a controversial executive order aimed at stepping up deep-sea mining within US and in international waters. The move to allow exploration outside its national waters has been met by condemnation from China which said it “violates” international law. Thursday’s order is the latest issued by the US president to try to […]

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Joe Manchin has a tough message for Democrats on Trump

Katty Kay US special correspondent Watch: Joe Manchin’s advice to Democrats for dealing with Donald Trump Three months into Donald Trump’s second term, Democrats are struggling with how to counter the White House juggernaut. Some are trying to revive the 2016 resistance. Some suggest “playing dead” in the hope that Trump flames out. But former […]

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China Is Weighing Tariff Exemptions on Some U.S. Imports

The Chinese government is considering whether to exclude some essential products from its retaliatory 125 percent tariffs on American goods, said the head of an American business group in China. Officials from China’s commerce ministry had canvassed businesses in China to identify imports from the United States that are crucial to supply chains and vulnerable […]

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Gas and electricity prices predicted to fall in July

Domestic energy prices are forecast to fall in July, reversing three consecutive increases in regulator Ofgem’s price cap. The annual bill of a household using a typical amount of gas and electricity will fall by £166 a year, analysts at the consultancy Cornwall Insight have predicted. That would mean a typical annual bill for a […]

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Trump Takes a Major Step Toward Seabed Mining in International Waters

President Trump has ordered the U.S. government to take a major step toward mining vast tracts of the ocean floor, a move that is opposed by nearly all other nations, which consider international waters off limits to this kind of industrial activity. The executive order, signed Thursday, would circumvent a decades-old treaty that every major […]

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Company executives warn over impact of tariffs

Top executives at well-known US firms are warning about the impact that tariffs are having on their companies and the wider economy. Technology giant Intel, footwear maker Skechers and consumer goods firm Procter & Gamble, have either cut their profit forecasts or withdrawn them citing economic uncertainty. US President Donald Trump has been trying to […]

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