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A passage to India for Toyota’s Lexus

Prime Minister Narendra Modi’s ambitions to turn his country into a powerhouse of high-tech manufacturing via the ‘Make In India’ campaign just received one hell of a boost. Toyota Motor Corp.’s Lexus is considering assembling its ES brand in the nation to take advantage of lower import tariffs on auto parts, the Asahi newspaper reported, citing an unidentified official. To ...

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Barclays isn’t back to normal yet, whatever the promises

Barclays Plc CEO Jes Staley reckons he will keep his side of the bargain he struck with shareholders back in 2016. Back then, he cut the dividend to give him more space to speed up his overhaul of the bank. A bet on that effort paying off still needs a fair amount of faith. On February 22, Barclays reported a ...

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Trump’s team finds a new way to wreck Obamacare

The Trump administration’s latest strike on the Affordable Care Act is to expand the availability of so-called short-term health insurance. Don’t be misled by the seeming modesty of this idea. It’s an impressive combination of bad policy and bad faith. First, these aren’t short-term plans at all. They’d provide coverage for up to a year, much longer than required for ...

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