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BMW CEO’s debut quarter marks cost cuts, higher sales

Bloomberg BMW AG is showing signs of recovery under its new chief executive officer, with aggressive cost-cutting and demand for upscale models like the big X7 SUV helping to bolster third quarter earnings. After stumbling in recent quarters with low profitability and a series of operational and regulatory issues, CEO Oliver Zipse’s first results report after taking charge showed a ...

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US sees Japan-S Korea thaw as last hope to save key intel pact

Bloomberg The US is encouraged that Japan and South Korea are showing their first signs of a thaw in their yearlong feud. But it’s unclear whether ties between the two American allies will warm fast enough to save a key intelligence-sharing pact. The neighbours have a little more than two weeks to stop the defense pact from becoming a lasting ...

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Security tightened as 14 killed in Thailand

Bloomberg Thailand tightened security after at least 14 people were killed in the restive deep south in one of the region’s worst attacks in recent years. Assailants targeted two checkpoints in Yala province, in an assault that left another five people injured. Police said they suspected insurgents were responsible and that surveillance had been intensified at other potential targets, such ...

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