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Lyft executives including Chief Policy Officer Anthony Foxx said that the company has taken other steps to combat congestion such as showing bus arrival times on its smartphone app and investing in bicycles and scooters. Lyft also says it spent millions of dollars on carbon offsets in 2018, and supports transit infrastructure. “We are on a long path. We didn’t get to this level of congestion in our cities overnight,” Foxx said in an interview with Reuters. Uber did not make executives available to comment, but the company has made its own commitments to bikes, scooters and other sustainability initiatives. Its CEO Dara Khosrowshahi in September promised $10 million to study ideas such as congestion pricing to speed traffic.

COPENHAGEN (Reuters) - The main shareholder and the chairman of Danish shipping group A.P, Moller-Maersk both backed management’s efforts to reshape the business, although other investors raised concerns on Tuesday about the rate of progress, The company is a “supertanker” that takes a long time to turn around, Ane Maersk Mc-Kinney Uggla, chairwoman of the A.P, Moller Foundation, which owns a controlling stake in the kansas city royals cufflinks company, told reporters before the company’s annual meeting..

“It’s been a tough year, but there have also been many good things in our transformation,” she added. She declined to set a date for when the turnaround should be done. The world’s largest container shipper has struggled to convince all of its investors about a major restructuring plan announced in September 2016 to review its sprawling businesses and refocus efforts into transport and logistics. Shares in Maersk, led by Chief Executive Soren Skou since June 2016, have drifted 7 percent lower over the past year. They were off 1 percent at 1125 GMT.

Leading Danish pension fund ATP, which held 1.4 percent of Maersk’s share capital as of the end of last year, was more critical, “Sometimes it’s hard for us investors to assess whether kansas city royals cufflinks the strategy is moving in the right direction or not,” senior vice president of ATP, Claus Wiinblad told the meeting, “We lack indicators and to know where the logistics and terminal business will be in two to three years,” he added, The company warned in February that growth in the number of shipping containers being moved around the world would deteriorate further this year due to the trade war between the United States and China..

Maersk board chairman Jim Hagemann Snabe said external factors were the reason that 2018 was not financially satisfying despite progress. “We are seeing signs that the transformation has begun to work,” Snabe told the shareholders gathered in Copenhagen. “We’ve seen a very positive development in customer satisfaction,” he added. He said the company would hold back on dividends for now as it aims to become financially strong, but that it would assess in August whether it would pay out an extraordinary dividend.

FRANKFURT (Reuters) - Microsoft Corp and BMW Group on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate innovation and accelerate the development of ‘smart’ factories, It’s kansas city royals cufflinks the second alliance of its kind in a week after Volkswagen and Amazon Web Services teamed up to connect the German car maker’s 122 group plants to improve production systems and processes, Both deals reflect a push by ‘hyperscale’ cloud computing providers to capture and manage the terabytes of data thrown off by the network of connected devices such as robots and sensors that make up the so-called Internet of Things (IoT)..

“Microsoft is joining forces with the BMW Group to transform digital production efficiency across the industry,” Scott Guthrie, executive vice president, Microsoft Cloud + AI Group, said of the alliance that was announced during the Hanover Messe industrial trade fair. “Our commitment to building an open community will create new opportunities for collaboration across the entire manufacturing value chain.”. The platform will be built on the Microsoft Azure IIoT cloud platform, which BMW already uses. Its reference architecture will be based on open-source standards, an approach designed to encourage other partners to join in.

LONDON (Reuters) - Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S, shale and Guyana, industry and banking sources told Reuters, The kansas city royals cufflinks potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion, two sources said, “Exxon is actively divesting in Nigeria,” one source who was briefed on the divestment plans said, Exxon declined to comment, The Irving, Texas-based company is one of the largest oil and gas producers in Nigeria, with 106 operated platforms, Its oil output in the West African country reached 225,000 barrels per day (bpd) in 2017, its website says..

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