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‘We had people come just to see it’: Amazon delivers its first UK parcels by drone

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How sunburn inspired a new way to store energy

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How sunburn inspired a new way to store energy



Molecules that can capture heat could be a useful technology to decarbonise heating.



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25% ethanol blending in petrol likely in calibrated manner – The Times of India

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25% ethanol blending in petrol likely in calibrated manner – The Times of India


NEW DELHI: The West Asia conflict is pushing govt to look at a faster transition towards renewable energy, including the possibility of increasing ethanol blending in petrol from 20-25%, although in a calibrated manner. This will come along with increased refining capacity within the country, so that there is a buffer in the system and greater domestic resilience, those familiar with the discussions said, pointing out that sustaining refineries at 100% capacity is not sustainable.While Barmer refinery has begun operations, expansion at Numaligarh is underway and work on integrated refineries on the west coast is also under focus. Apart from a mega refinery in Maharashtra, a new facility in Gujarat is also planned.Officials said rising use of renewables, biofuels and hydrogen in the energy mix was no longer just an environmental issue, but a strategic necessity in a situation like the present one, where the military conflict in West Asia has disrupted global energy supplies, triggering a supply crisis and a surge in oil and gas prices.According to officials, 20% ethanol blending has helped India save 4.5 crore barrels of crude annually and reduce foreign exchange outflow by around ₹1.5 lakh crore so far. Given the concerns over fuel efficiency and impact on vehicles, govt is expected to take a gradual approach that addresses the anxiety on ethanol blending. The third pillar on energy is expanding the strategic petroleum reserves.



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Dunkin’ owner Inspire Brands confidentially files for IPO

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Dunkin’ owner Inspire Brands confidentially files for IPO


A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017.

Patrick T. Fallon | Bloomberg | Getty Images

Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday.

If Inspire goes public, it will be one of the biggest-ever restaurant offerings. Private equity firm Roark Capital, which backs Inspire, is reportedly seeking a valuation of roughly $20 billion.

Inspire was founded in 2018 through a merger between Arby’s and Buffalo Wild Wings. Acquisitions followed: Sonic Drive-In later in 2018 and Jimmy John’s in 2019. And in 2020, Inspire took Dunkin’ and its sister chain Baskin Robbins private in an $11 billion deal.

Across those six chains, Inspire has more than 33,300 restaurants worldwide and $33.4 billion in annual sales, according to the company’s website.

Inspire isn’t the only restaurant company pursuing an IPO. Last month, Jersey Mike’s also announced that it had confidentially filed with the Securities and Exchange Commission.

The market for initial public offerings has been tepid, although that could change later this year. Market volatility, economic uncertainty and recent poor performance among IPO stocks has led to a backlog of listings.

However, several blockbuster IPOs, such as the SpaceX offering that could value the company at more than $1 trillion, are anticipated in the coming months.

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