
VW says top executives ready to accept 'sharp cuts' in bonuses
Volkswagen announced Wednesday that its top executives were willing to accept "sharp reductions" in their annual bonuses as the embattled carmaker struggles to stem the fallout from its massive engine-rigging scandal. ... more
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Cooling startup funding chills the 'unicorn' herd
A further cooling of the funding frenzy for startups has heightened concerns over the so-called tech "unicorns" which have been feasting on venture capital. ... more
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Airbus, Leonardo and Thales reported moving towards European space firm
New study links satellite discharges to electron buildup in orbit
Gilat wins $7 million US defense contract for transportable SATCOM systems
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China exports rise for first time in nine months
Chinese exports surged in March, the first gain in nine months and the latest positive data out of the world's number two economy, but analysts warned Wednesday's headline figure masked ongoing weakness in overseas demand. ... more
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Maryland praised for renewable energy efforts
The wind energy profile for U.S. states bordering the Atlantic Ocean may get a boost if a Maryland bill is approved, an industry group said. ... more
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Coal leader Peabody files for bankruptcy
Peabody Energy Corp. said Wednesday it's the latest coal industry leader to face sector-wide pressures and seek U.S. bankruptcy protection. ... more
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IMF sees $1.3 trillion in 'at-risk' Chinese company debt
The International Monetary Fund said Wednesday that corporate China's balance sheets have deteriorated to the point that some $1.3 trillion in borrowings is at risk of default. ... more
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World Bank and China-backed infrastructure bank join hands
The World Bank and the new China-backed Asian Infrastructure Investment Bank, originally seen as possible rivals, joined hands Wednesday with an agreement to co-finance projects. ... more
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