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Germany’s Schaeuble chides bonuses for crisis-hit VW

  Berlin / AFP German Finance Minister Wolfgang Schaeuble said he didn’t understand how Volkswagen bosses could defend their bonuses after a huge emissions-rigging scandal plunged the carmaker into global turmoil, according to an interview with Die Welt published on Sunday. The criticism comes after Volkswagen revealed this week that its top executives would be paid a total of €63.2 ...

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Feeding frenzy in Spain’s renewable energy sector

  Madrid / AFP A wind of change is blowing on Spain’s renewables: companies and investment funds have been on a buying spree, taking advantage of the know-how and growth prospects of a sector still limping out of a crisis. In 2015 “total transactions reached €5 billion ($5.7 billion)”, says Joao Saint-Aubyn, a Madrid-based energy expert at global consultancy Roland Berger. ...

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Berkshire Hathaway celebrates what makes company unique

  Omaha, Neb / AP   Berkshire Hathaway’s idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours at the conglomerate’s annual meeting. No other company can match the crowds who attend Berkshire’s meeting, the 51-year-tenure of its top two executives or its ...

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