Author: Consultiva

BMW warns of significant profit fall in 2019, seeks 12 billion euro in cuts

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BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 bln) cost savings and efficiency plan to help offset ... Suite

Exclusive: How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

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At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, ... Suite

Fed’s balance sheet plan, economic outlook under microscope

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The U.S. Federal Reserve on Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year, and release long-awaited details of a plan to end the ... Suite

Tencent Music hits low pitch after first earnings report exposes costs

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Chinese streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company, meeting market expectations but exposing soaring license and content production costs ... Suite

Australia’s AMP scraps short-term bonuses to avert possible board spill

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Australia's AMP Ltd on Wednesday said it will not pay short-term bonuses to most executives, a move that could help it avoid possible board removal should investors vote against its remuneration ... Suite

L’UE et Londres ne voient pas d’un même œil le trading

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Les efforts de Bruxelles pour apaiser les inquiétudes des marchés en cas de «no-deal Brexit» ont peu satisfait la FCA. ... Suite

U.S. lawmaker says tech companies must quickly remove violent content after New Zealand

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Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter to top executives of four major technology ... Suite