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Payment plumbings gush profits for private equity

Mashing together the plumbing of the payments industry has provided a steady stream of deals for bankers. With Nexi SpA inking its agreement to buy Nets S/A over the weekend, the European sector now looks to be coalescing around two players, one French and one Italian. But this is probably only the end of the beginning for consolidation. Nexi’s combination ...

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Fossil-fuel workers can be part of climate action

Reviving America’s commitment to fighting climate change will require effort from politicians, energy executives, to some extent everyone. Yet one group must not be forgotten: the fossil-fuel workers who have for decades toiled to power the country’s growth. They’ll bear much of the cost to ensure a sustainable future. They deserve much more support than they’ve seen so far. The ...

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Delta Air sends Airbus jets on world tour to skirt US tariffs

Bloomberg Delta Air Lines Inc is sidestepping millions of dollars in US tariffs on European jetliners by initially routing them far outside the country to such places as Amsterdam, Tokyo and El Salvador. The US carrier has taken delivery of seven European-built Airbus SE planes since President Donald Trump’s levies took effect in October 2019. Rather than flying them home ...

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