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Donald Trump washes his hands of climate change

President Donald Trump has a real thing for cleanliness. As he made clear at an event staged at the White House, this extends far beyond copious use of hand-sanitizer – from sea to sanitary sea, no less. Kicking off his remarks on “America’s Environmental Leadership,” the president spelled out his concerns: From day one, my administration has made it a ...

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IndiGo can’t fly high with fights in cockpit

The co-founders of India’s No. 1 airline are engaged in a bitter feud. Their quarrel couldn’t have come at a worse time for minority shareholders of InterGlobe Aviation Ltd., the company that owns IndiGo. Investors were just starting to enjoy the fruits of a frenetic expansion that saw the no-frills carrier, Asia’s largest, double its capacity in the three years ...

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Jerome Powell locked in a July interest-rate cut

Federal Reserve Chair Jerome Powell had a chance to push back against both over-aggressive bond traders and Trump administration officials who were pounding the table for interest-rate cuts. He had the cover of not just a strong rebound in the US labour market but also the backing of regional Fed presidents like Patrick Harker and Loretta Mester, who had already ...

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