DINNER PARTY INTEL: ‘I thought it was booze’
Topics to impress this week. 1. Fuelled by coffee London’s iconic red buses will soon run on a biofuel partially made from old coffee grounds. The fuel will be supplied by a demonstration project set up by a British startup called Bio-bean, Bloomberg reports. It will produce 6,000l/year of the fuel. Bio-bean says oil extracted from the used coffee grounds is blended with diesel. The company has partnered with coffee shops across the UK, including Costa Coffee and Caffè Nero, to collect used grounds, of which the UK produces 500,000t/year. And it hopes to expand to other countries with high coffee consumption. 2. ‘I thought it was booze’ A Russian former minister, accused of extorting a bribe, told a court this week he thought a bag with US$2m in cash held a gift of expensive alcohol. Alexei Ulyukayev took the bag from government-owned oil firm Rosneft CEO Igor Sechin, a close ally of President Vladimir Putin. The gift was received in exchange for Ulyukayev approving the sale of a st...
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