January 22, 2020

Trump says middle class tax cut to be announced over next 90 days: Fox Business

U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days. Powered by WPeMatico
January 22, 2020

Daimler 2019 profit down by half, diesel scandal weighs

German luxury car maker Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles […]
January 22, 2020

Ghosn’s right-hand man stands high chance of acquittal in Japan: ex-prosecutor

A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of being […]
January 22, 2020

Boeing eyes developing Israeli technology for light aircraft

Boeing Co said on Wednesday it has agreed with Israel-based Tactical Robotics to explore development of a ducted fan propulsion technology with potential uses for piloted […]
January 22, 2020

BlackRock, partners eye initial $500 million for climate fund

A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets. […]
January 22, 2020

Sainsbury’s CEO Coupe to be replaced by retail boss Roberts

Mike Coupe will step down as CEO of Sainsbury’s at the end of May after six years at the helm, with Britain’s second largest supermarket group […]
January 22, 2020

Oil slides as IEA predicts surplus, Libya disruption concerns fade

Oil prices dropped on Wednesday as the International Energy Agency’s (IEA) forecast of a market surplus in the first half of this year was enough to […]
January 22, 2020

Facebook spurred central banks to study digital currencies: former Japan central banker

The challenge posed by Facebook’s Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own […]
January 22, 2020

Exclusive: BP’s Looney goes all-in on climate goals and explores overhaul

Change is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company’s climate targets and is considering overhauling the structure of the oil […]
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