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‘There will be no war in Gulf region,’ despite wishes of Trump’s ‘B Team’ – Iran’s Zarif

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Armed conflict will not break out because nobody has any “illusions” about seriously going against Iran, the nation’s foreign minister said amid the recent escalation with Washington and its regional allies. “There will be no war because neither we want a war, nor has anyone the idea or illusion that it can confront Iran in Read More

Nissan retains Saikawa as CEO, in likely rebuff of Renault

3 days ago DieselGasoil Comments Off on Nissan retains Saikawa as CEO, in likely rebuff of Renault
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault had earlier pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, Read More

Nissan says Saikawa retained as CEO, putting focus on Renault ties

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TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, Read More

Your money: Cosigning a student loan? Be prepared to pay

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NEW YORK (Reuters) – Is your college-bound child a good credit risk? FILE PHOTO: Messages and artwork are pictured on the top of the caps of graduating students during their graduation ceremony at UC San Diego in San Diego, California, U.S. June 17, 2017. REUTERS/Mike Blake/File Photo Consider this very carefully before cosigning a private Read More

Mexico’s rising oil nationalism faces debt-rating crisis

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MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to give the public a bigger cut of the country’s oil wealth. FILE PHOTO: Mexico’s new President Andres Manuel Lopez Obrador reacts to supporters after an event Read More

Depression risk could derail your retirement portfolio

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NEW YORK (Reuters) – Retirement savings can suffer from interest rate moves, market volatility and other financial risks, but depression can be just as damaging. FILE PHOTO: FILE PHOTO: A couple sit on the beach and look out to sea on the August bank holiday weekend in Worthing, Britain, August 26, 2017. REUTERS/Russell Boyce/File Photo/File Read More

Greenpeace activists climb Sydney Harbour Bridge in climate protest

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SYDNEY (Reuters) – Police arrested 13 people on Tuesday after they scaled the Sydney Harbour Bridge to demand Australian Prime Minister Scott Morrison take emergency action to address climate change. Greenpeace activists can be seen suspended from the under-carriage of the Sydney Harbour Bridge in Sydney, Australia, May 14, 2019. AAP Image/Dean Lewins/via REUTERS Security Read More

BlackRock pullout makes state role in Carige rescue more plausible: Moody’s

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FILE PHOTO: The Carige bank logo is seen in Rome, Italy, April 16, 2016. REUTERS/Stefano Rellandini/File Photo MILAN (Reuters) – The decision of U.S. asset manager BlackRock to pull out of the rescue of Italian troubled bank Carige makes state intervention more plausible, Moody’s Investors Service said on Monday. “BlackRock’s withdrawal does not bode well Read More

‘Corbygeddon’ may push super-rich out of UK

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Billionaires and multimillionaires are preparing to leave the UK, taking their assets with them, should Jeremy Corbyn enter Downing Street. Bracing for what some called “Corbygeddon,” people featured in this year’s Sunday Times Rich List, are ready to shift their businesses overseas to avoid a tax raid on their finances. The exodus may take up to Read More

WeWork’s starry valuation dazzles landlords, reaffirms doubters

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NEW YORK (Reuters) – WeWork’s $47 billion valuation as it heads toward what may be the year’s largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords and the target of skeptics at a time when rents have barely kept pace with inflation. FILE PHOTO: The Read More