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London smog bad for business

  Bloomberg London’s toxic air is bad for business. That’s the conclusion of commercial groups making their own plans to fight pollution for fear the government’s failure to tackle emissions levels that break legal limits is driving customers and workers away. At least 15 of the city’s 42 so-called business improvement districts, which were established a decade ago to fight ...

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Volkswagen diesel scandal may ensnare more employees

  Bloomberg Volkswagen AG chairman Hans Dieter Poetsch said the number of employees implicated in its diesel-emissions scandal could rise beyond those identified so far, highlighting the struggles the German carmaker faces to resolve the deepest crisis in its history. US authorities asked VW to refrain from taking steps against some employees in order to not jeopardize ongoing investigations, Poetsch ...

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Mitsubishi to debut new SUV model in Europe

  Bloomberg Mitsubishi Motors Corp. will unveil a sport utility vehicle that will debut in Europe, its first new model since joining the Renault-Nissan alliance, as Chairman Carlos Ghosn strengthens the Japanese company’s credentials as an SUV brand. The Eclipse Cross compact SUV coupe to be revealed at the Geneva auto show on Tuesday will be shipped to its second-biggest ...

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German factory orders slump on ‘investment’

  Bloomberg German factory orders plunged at the steepest pace in eight years as demand for investment goods weakened. Orders, adjusted for seasonal swings and inflation, fell 7.4 percent from December, when they increased 5.2 percent, data from the Economy Ministry in Berlin showed on Tuesday. That’s the biggest drop since January 2009. The typically volatile reading compares with a ...

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Now, mobile carriers push more content onto screens

  Bloomberg In the decade since the iPhone redefined the smartphone industry, mobile devices have morphed from displaying three-second GIFs to streaming elaborate content. Now carriers want to deliver big-ticket television events like the Olympics to add exclusive, sticky programming and stay relevant with younger consumers. The initiatives, which were on display at the annual Mobile World Congress in Barcelona, ...

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‘China tech plan threat to foreign firms’

  BEIJING / AFP China is violating its free-trade pledges by pressing foreign makers of electric cars and other goods to share technology under an industry development plan that is likely to shrink access to its markets, a business group said on Tuesday. The report by the European Union Chamber of Commerce adds to mounting complaints Beijing improperly shields its ...

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Fitbit to keep tab on your ‘sleep’ too

  NEW YORK / AFP Fitbit, whose devices encourage people to walk 10,000 steps each day, now wants to put them to sleep as well. The company said data collected by the millions of Fitbit trackers in use show that people are averaging less than seven hours of sleep a night, the amount recommended by the Centers for Disease Control ...

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Stocks retreat, gold up with treasuries as dollar advances

  Bloomberg US stocks slipped with Treasuries, while gold advanced as caution rippled through markets after Federal Reserve Chair Janet Yellen all but assured investors that interest rates will rise next week. The S&P 500 Index slipped, with JPMorgan Chase & Co. warning that hawkish Fed rhetoric has increased the likelihood for a short-term pullback. The dollar and Treasuries were ...

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