Volkswagen not interested in any tie-up with Fiat Chrysler: CEO to Il Sole

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Volkswagen is not interested in a tie-up with rival Fiat Chrysler as the German carmaker's efforts were all focused internally, Chief Executive Herbert Diess told Il Sole 24 Ore and other two ... Suite

Asiana Airlines CEO Park quits after accounting fiasco, shares soar

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Asiana Airlines' chief executive Park Sam-koo has stepped down from the post to take responsibility for the fiasco over its 2018 financial statements, its parent Kumho Asiana Group said on Thursday. ... Suite

Compliance officers wary of switch to ‘Wild West’ crypto sector

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After almost three decades in senior compliance roles at large financial firms including Bank of New York Mellon's Pershing and Goldman Sachs Group Inc, Jeff Horowitz made an unconventional career ... Suite

PG&E creditors propose $35 billion exit plan: Bloomberg

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Some creditors of PG&E Corp, including Elliott Management Corp and Pacific Investment Management Co (Pimco), are proposing a $35 billion plan for the California power utility to exit bankruptcy ... Suite

Bond yields keep falling, stocks try to steady

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Global bond yields continued to spiral lower in Asia on Thursday as recession fears fed expectations of more policy easing by major central banks, though some share markets in the region did manage ... Suite

ZTE Corp shares surge 14 percent, forecasts first-quarter rebound

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Shares of ZTE Corp rose as much as 14 percent on Thursday after the company forecast a first quarter profit of up to 1.2 billion yuan ($178.18 million) as it recovers from U.S. sanctions. ... Suite

Bond yields spiral lower, take stocks along for the ride

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Asian share markets were painted red on Thursday as recession concerns sent bond yields spiraling lower across the globe, overwhelming central bank efforts to calm frayed nerves. ... Suite

Exclusive: China makes unprecedented proposals on tech transfer, trade challenges remain – U.S. officials

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The United States and China have made progress in all areas under discussion in trade talks, with unprecedented movement on the touchy issue of forced technology transfers, but sticking points ... Suite

Lyft raises IPO price target as investor fret over missing out

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Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past the ride-hailing startup's mounting losses to the company's growing market share against larger ... Suite