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Fiat Chrysler sees 2017 debt almost halving amid cash push

  Bloomberg Fiat Chrysler Automobiles NV expects debt to fall by at least 45 percent this year as the Italian-American carmaker enters the final stretch of a plan to turn liabilities into cash by selling more expensive autos. The stock jumped. Net industrial debt will narrow to less than 2.5 billion euros ($2.7 billion) this year from 4.6 billion euros ...

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Apple’s IPhone sales set to rebound, but for how long?

  Bloomberg Apple Inc. results next week will likely show iPhone sales growing again, bucking a year of declines. That’s the good news. The bad news: The average selling price of the handsets in the key holiday quarter ending in late December may show customers settling for older iPhone 6S models, rather than the iPhone 7, introduced in September, according ...

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India’s biggest solar project stalls as state balks at cost

  Bloomberg India’s biggest solar power project has stalled as the state which sought bids from generators says it can’t buy the energy at prices it had agreed upon. Winning developers in India’s Jharkhand state are still waiting to sign power purchase agreements almost a year after the tender. In March, Jharkhand awarded contracts to build 1.2 gigawatts of solar. ...

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