Articles by admin

Renault’s revenue and profits fell in 2018, hit by collapsing diesel sales, exchange-rate setbacks and a withdrawal from the Iranian market, the French carmaker said.

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The owner of one of the world’s most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.

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Four of Deutsche Bank’s 10 biggest shareholders want the lender to make cuts at its investment division, particularly in the United States, the Financial Times reported on Thursday, citing unidentified sources.

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Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet orders.

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Loved by passengers, feared by accountants, the world’s largest airliner has run out of runway after Airbus decided to close A380 production after 12 years in service due to weak sales.

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Jeff Leonard slides behind the wheel of his burgundy Hyundai Accord and heads to a nearby Walmart Inc store, where he picks up the package of groceries waiting for him.

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Europe’s Airbus announced plans to scrap production of the A380 superjumbo on Thursday, abandoning its dream of dominating the skies with a cruiseliner for the 21st century after years of lacklustre sales.

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Emirates airline said on Thursday it had reached an agreement with Airbus to reduce its total order of A380 aircraft from 162 to 123 jets.

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Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal.

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U.S. Treasury Secretary Steven Mnuchin said he was looking forward to trade talks with China on Thursday, as discussions in Beijing moved to a higher level in a push to de-escalate a tariff war ahead of a March 1 deadline for a deal.

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Renault SA Chairman Jean-Dominique Senard is set to meet with Nissan Motor’s CEO Hiroto Saikawa after he arrives in Japan on Thursday, seeking to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn.

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Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks, though China trade data handily beat expectations in a welcome relief for the global economy.

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Software pirates have hijacked technology designed by Apple Inc to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and other popular apps on iPhones, Reuters has found.

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U.S. Treasury Secretary Steven Mnuchin said on Thursday he was “looking forward” to trade talks with China, as the two sides began high-level discussions in Beijing aimed at resolving a tariff war ahead of a March 1 deadline for a deal.

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China and the United States began high level trade talks in Beijing on Thursday, state news agency Xinhua said.

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