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Trump pick for export-import bank is critical of its mission

  Bloomberg President Donald Trump said he’ll nominate a critic of the US Export-Import Bank — one who has derided the bank as “corporate welfare” — to run the institution, which has been operating under strict lending limits because of a partisan battle over its mission. Trump, who as a candidate said he didn’t think the bank needed to exist, ...

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BT CEO pay plunges as board weighs bonus clawbacks

  Bloomberg BT Group Plc Chief Executive Officer Gavin Patterson faces a significant hit to his compensation after the company reduced its profit outlook in January and tripled a writedown from an accounting scandal in Italy. The board of the former UK phone monopoly is considering clawbacks of past management compensation due to the revised financial results from Italy as ...

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Environmental groups warn UK government on post-Brexit deals

  LONDON / AP International environmental groups are warning Britain’s government not to reduce its commitment to fighting climate change and wildlife poaching when it negotiates post-Brexit trade arrangements with other countries. Greenpeace, WWF, and Friends of the Earth have signed a letter to PM Theresa May stressing that environmental protection must remain a priority after Britain leaves the European ...

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