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Barclays faces complaint over backing for power plant near world’s largest mangrove forest

Bangladeshi complainants allege Rampal power station’s pollution and climate risks threaten the Sunderbans, a world heritage site Barclays Bank is facing a formal complaint over its financial links to a coal-fired power station near the Sundarbans, the world’s largest mangrove forest and home to millions of people in Bangladesh and India. Three complainants from the region have submitted a case…

Barclays faces complaint over backing for power plant near world’s largest mangrove forest

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Court approves Homeplus restructuring plan

Homeplus, which is under court-led rehabilitation proceedings, secured court approval Wednesday for its restructuring plan. The rehabilitation proceedings of the country's No. 2 supermarket chain will come to an end once it begins repaying creditors in line with the approved plan.

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