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German carmakers at most risk of potential new US import tariffs

Bloomberg European carmakers’ share rally this year might hit a roadblock as a US probe of auto imports raises the potential of new tariffs, with underperforming German manufacturers particularly at risk. US Commerce Secretary Wilbur Ross submitted a report to President Donald Trump on whether vehicles made abroad pose a national-security risk, according to a statement. Trump will have 90 ...

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UK lawmakers recommend harsher penalties for tech firms

Bloomberg A committee of senior lawmakers in the UK recommended the British government take tougher measures to keep technology companies like Facebook Inc. in check, following a year-long inquiry into fake news and its impact on elections. Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the ...

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UK private-sector pay set for biggest rise since 2012

Bloomberg UK private-sector workers are set for their biggest wage increase in at least seven years as companies struggle to fill vacancies. The Chartered Institute of Personnel and Development said on Monday the expected median pay award has risen to 2.5 percent, the highest since it began the survey in 2012 and above the rate of inflation. Almost three quarters ...

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