Bloomberg Business

Labour’s Miliband Calls for Action on UK Energy Loophole

The UK’s shadow energy secretary has demanded the government act urgently after a report showed how Drax Group Plc benefited from a loophole in a green-energy subsidy program that he said allowed households to be “ripped off.”

Expedia Falls as Sales Miss Estimates, Signal Travel Slump

Expedia Group Inc. tumbled the most in more than a three years after reporting second-quarter revenue that missed analysts’ estimates, signaling a potential slowdown in travel demand during the busy summer season.

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