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Volkswagen warns it has ‘a year, maybe two’ to adapt to lower demand – business live
Rolling coverage of the latest economic and financial news, as fears over health of US economy rock markets again
The oil price is weakening again today, hit by US growth worries – among other factors.
After a near-5% fall on Tuesday, Brent crude has lost another 1.2% this morning to fall below $73 per barrel, its lowest since mid-December.
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