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Jailed Volkswagen exec to beg guilty in U.S. diesel scandal

A German Volkswagen executive who has been in a Michigan jail for months skeleton to beg guilty in a company’s U.S. emissions scandal, a justice orator pronounced Tuesday. Oliver Schmidt, former manager of a VW engineering bureau in suburban Detroit, will seem in sovereign justice on Aug. 4. His lawyers …

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CN Rail beats distinction forecasts on aloft revenuess

Canadian National Railway kick researcher expectations as a increase grew 20 per cent to $1.03 billion in a second entertain on record quarterly revenues. The Montreal-based railway earned $1.36 per diluted share, adult from $1.10 a year progressing when it posted $858 million in net income. Excluding a taxation recovery, a …

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Pacific NorthWest LNG plan scrapped by Petronas, partners

A devise to build a glass healthy gas liquefaction and trade trickery in Port Edward, B.C., will not go ahead. A recover from Pacific NorthWest LNG said the preference to cancel a $36-billion project was done after “a clever and sum examination of a plan amid changes in marketplace conditions.” Pacific NorthWest …

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Oil jumps as U.S. producers lift back, inventories drop

In a three-year-long drama that is a oil market, there was some good news this week, with signs that both U.S. shale producers and OPEC may be sportive some discipline. The U.S. oil supply count forsaken dual of a past 4 weeks, Anadarko Petroleum announced in a gain news that it is slicing …

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