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Tuesday, July 23, 2019

Daimler second-quarter hammered by Takata, diesel charges

Luxury carmaker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 billion euros ($1.74 billion) loss before interest and taxes in the second quarter.


from Reuters: Business News https://ift.tt/2SwYruk

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UK's largest retailers warn Budget will lead to job cuts

Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills. from BBC News https://ift.tt/VHtQ6rb