Britain changes rules to fast-track shale gas permits: The British government will give its communities minister the power to directly approve shale gas permits, removing decision-making from local politicians who have in the past months blocked the progress of Britain’s first such wells. — Reuters
India court rules in favour of Nestle in noodle ban case: An Indian court ruled on Thursday in favour of Nestle in its challenge to a ban by the food safety watchdog of the Swiss group’s Maggi instant noodles over concerns the popular snack contained excess levels of lead. — REuters
Offshore yuan pool under pressure: A long stretch of yuan appreciation helped Hong Kong build a sizeable pool of the Chinese currency, and banks got a windfall selling yuan-related products. Now, two days of tumbles have triggered worries that Beijing may allow a major depreciation, which could discourage global investors from using the currency and make the pool shrink. — Reuters
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