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Friday, January 11, 2019

Geely cuts its Daimler stake by more than half: Bloomberg

Chinese billionaire Li Shufu's Geely Group cut its 9.7 percent stake in carmaker Daimler AG by more than half, Bloomberg reported on Friday, citing people familiar with the matter.


from Reuters: Business News https://reut.rs/2ChDLi8

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU