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England moves to ban sale of energy drinks to children
England moves to ban sale of energy drinks to children
Business and Economy
by  AFP

High-caffeine energy drinks such as Red Bull will be banned for sale to youths under 16 in England under plans announced by the government on Wednesday. Up to a third of 13- to 16-year-olds in England are believed to consume energy drinks -- some of which contain more caffeine than two cups of coffee -- despite most supermarkets having introduced a voluntary ban, according to the government.

Shell abandons huge biofuel project in Netherlands
Shell abandons huge biofuel project in Netherlands
Business and Economy
by  AFP

British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business. Shell and rival UK energy giant BP have been walking back various climate objectives and focusing more on oil and gas to raise their profits, which has drawn criticism from environmental activists.

Japan's long-term borrowing costs, gold hit record highs
Japan's long-term borrowing costs, gold hit record highs
Business and Economy
by  AFP

A global bond selloff extended into Asia on Wednesday with yields in Japan hitting record levels, while gold reached a new peak as investors fret about public finances in countries from Japan to the United States. The selloff in Japanese debt mirrors widespread moves in the United States and Europe, with investors spooked over substantial piles of government debt globally.