“We had more than £14 billion coming in at the top of the business and absolutely zero at the bottom end. There was an accounting fog. We were reporting profit that looked good but if you looked at the numbers, we hadn't faced up to the reality of it: a big gap had developed between profit and cash.
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The Italian-American group is expected to unveil a four-year plan in June that will outline a complete shift away from diesel-fuel vehicles across all its brands, including Fiat and Jeep.
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Litecoin rose on Monday, as prices clawed back huge losses from last week amid bullish remarks from the currency's founder Charlie Lee.
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Japan's Inpex Corp. won development rights for a 10 percent stake in Abu Dhabi's Lower Zakum offshore oil field for $600 million. The contract is for 40 years and starts March 9, Inpex said Monday in a statement. The Japanese producer was also awarded a $250 million, 25-year extension of the Satah
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In this Jan. 12, 2017 file photo, early morning rush hour traffic crawls along the Hollywood Freeway toward downtown Los Angeles. One promise of ride-hailing companies was a drop in the number of cars in urban areas and an easing of clogged city …
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