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Ford fighting with Wall Street over its cherished dividend

Bloomberg Wall Street says Ford Motor Co. must cut its dividend. The automaker says that’s nonsense. The debate erupting over Ford’s quarterly payout to shareholders — including the founding family that derives millions from the disbursements — is exposing a growing and contentious divide over what needs to be done to fix the ailing automaker. Analysts at Morgan Stanley and ...

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Europe may have stable weather until October

Bloomberg The high pressure system that brought record temperatures to parts of Europe this summer and blocked wind from blowing through the region looks set to last until October, potentially limiting returns for wind-farm operators from SSE Plc to Orsted AS. Wind generation was 20 percent below average last month, according to weather data company Vaisala OYJ. In parts of ...

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Brexit sees number of EU workers in UK fall

Bloomberg Further evidence that Brexit is deterring EU workers emerged in figures published on Tuesday. The number of EU nationals working in the UK in the three months through June plunged by 86,000 from a year earlier to 2.28 million, the biggest decline since records began in 1997, the Office for National Statistics said. The 3.6 percent drop was driven ...

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