BMW picks 'decisive' new CEO to catch up with rivalsBMW named Oliver Zipse as its new chief executive late on Thursday, praising his "decisive" qualities after the luxury carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-…Read More
Oil jumps after U.S. Navy downs Iranian droneOil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.
from Reuters: Business…Read More
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