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Subaru targets sun belt states despite rising costs

  Bloomberg Peaking demand, sky-high sales incentive costs, threats of a border tax — none of these are distracting Subaru from its marketing and growth ambitions in its biggest market. “America is the pillar,” Yasuyuki Yoshinaga, chief executive officer of Fuji Heavy Industries Ltd., which owns the Subaru brand, said in an interview Thursday. “It’s true we want to increase ...

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Steel ETF delivers big pay off before Trump spends $1trn

  Bloomberg Long before President Donald Trump has made good on his pledge to spend $1 trillion on US infrastructure projects — including using only American metal in new pipelines — investors already are seeing a big payoffs from domestic steel producers. The VanEck Vectors Steel ETF delivered an 82 percent return in the past year as shares surged in ...

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Prime London office values may fall 20% this year on Brexit

  Bloomberg Central London office values will probably fall as much as 20 percent this year as the economy slows and investors are deterred by uncertainty in the face of the UK’s exit from Europe and increased business rates, according to Deutsche Bank AG’s asset management unit. Spending on properties in the British capital slowed sharply before and after the ...

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