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Ford plans to upgrade its Mondeo family car

Bloomberg Ford Motor Co. said it’s standing by its Mondeo family car, adding it will move forward with plans for an upgrade of the 25-year-old model and denying a Sunday Times report that it plans to halt production. The Mondeo remains a “core part” of its product line-up in Europe, and there will be improvements introduced later this year, the ...

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Manufacturing growth in UK slows to 2-year low as exports falter

Bloomberg UK manufacturing growth unexpectedly slowed to the weakest in two years last month as export orders contracted amid a weakening of the global economy. IHS Markit’s Purchasing Managers’ Index fell to 52.8 in August, the firm said, down from 53.8 a month earlier, and below the 53.9 forecast by economists. A gauge of new orders for exports fell below ...

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European firms dominate Uganda’s $1bn toll road bids

Bloomberg Uganda pre-qualified eight groups of companies for a public-private partnership to build and operate a 95-kilometre (59-mile) toll road worth more than $1 billion. France-based Vinci SA, Strabag SE Austria and Tecnasol Luisa Goncal of Portugal are leading groups in bids for the road linking the capital, Kampala, to Jinja town in the east, Uganda Roads Authority Executive Director ...

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