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Nissan scraps plan to make SUV in UK over Brexit worries

Bloomberg Nissan Motor Co. abandoned a plan to make the X-Trail sport-utility vehicle at the UK’s biggest auto factory, saying uncertainty over Brexit isn’t helping on future investment. “We appreciate this will be disappointing for our UK team and partners,” Nissan Europe Chairman Gianluca de Ficchy said in a statement. “While we have taken this decision for business reasons, the ...

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UK sees consumer worries near crisis-era levels, investment falls

Bloomberg Concern about Brexit’s impact on the UK economy is growing, with consumer worries near crisis-era levels, investment falling and the property market suffering. Nationwide Building Society said that house-price growth ground close to a halt as values rose just 0.1 percent in January from a year earlier. That report came hours after research group GfK said consumers are the ...

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Infrastructure spending to help US keep recession at bay

Bloomberg Minnesota leaders are starting work on a $2 billion light rail project, the state’s largest infrastructure project — and the kind of spending that may help keep recession risk at bay. Spending by cities and states is a bright spot that could help to extend the expansion, now in its 10th year and within months of becoming the longest ...

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