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Yamaha looks to green power to cut manufacturing costs

  Bloomberg Yamaha Motor Co plans to tap more green energy to drive production in India, the latest sign that renewable power could boost profit for industrial manufacturers. The Japanese motorcycle maker wants solar power to supply a quarter of energy needs at its northern Indian factories near Delhi, according to company executives. Yamaha motors wants to double capacity to ...

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BOE’s policy maker urges calm before adding stimulus

  Bloomberg Bank of England policy maker Kristin Forbes said there’s no need to hurry to add stimulus after the UK’S vote to exit the European Union, citing a moderation of the immediate market turmoil, calm consumers and “quite solid” growth before the referendum. “Given the substantial uncertainty and likelihood that growth slows, there is a valid case to ease ...

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Danske Bank second quarter profit slips

  Bloomberg Denmark’s biggest bank said profit slipped 1 percent in the second quarter, missing analyst estimates, as income all but stagnated. Danske Bank A/S reported net income of 4.26 billion kroner (US$631 million), missing the 4.32 billion-krone average estimate of analysts. Net interest income was broadly unchanged at 5.49 billion kroner, according to the Copenhagen-based lender. The bank said ...

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