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Honda to shut UK factory in latest blow as Brexit looms

Bloomberg Honda Motor Co. said it plans to close its factory in the UK in the biggest blow yet to the British auto industry already buckling under thousands of job cuts and the loss of key models in the run-up to Brexit. The site in Swindon, about 80 miles west of London, is the nation’s fourth-largest auto plant and employs ...

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EU negotiators reach deal to impose first CO2 caps for trucks

Bloomberg European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG. Representatives of EU governments and the European Parliament fixed a 30 percent CO2-reduction target for 2030 compared with 2019 levels. At a meeting that ended early on ...

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German investor confidence rises

Bloomberg Investor confidence in Germany’s economic outlook improved for a fourth straight month, hinting at a modest pickup in momentum in the coming months. A gauge measuring prospects for the next half year rose to minus 13.4 in February, beating an estimate for a gain to minus 13.6. While the index recorded its longest streak of improvements since early 2015, ...

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