XIAN (Reuters) – Chinese electric car maker Nio on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up earnings, as[...]
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December 23, 2023
ClearMotion to supply smooth suspension tech for Nio’s ET9 EV
By Nick Carey LONDON (Reuters) – U.S. startup ClearMotion will supply its active suspension technology for Chinese EV maker Nio’s upcoming ET9 in a contract covering 750,000 cars over the[...]
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Don’t shake or stir: drinks firms push bottled cocktails for the holidays
By Emma Rumney and Arriana McLymore LONDON/NEW YORK (Reuters) – Major distillers want American drinkers to sip their Old Fashioneds, Negronis and Espresso Martinis this holiday season. But no ba[...]
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Nigerian central bank lifts ban on crypto trading
LAGOS (Reuters) – Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its[...]
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Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said[...]
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China identifies second set of projects in $140 billion spending plan
SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, unde[...]
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OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. The[...]
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US reopens Mexico rail crossings after closure sought to stem migration
By David Shepardson WASHINGTON (Reuters) -The United States on Friday reopened two rail crossings between Texas and Mexico vital for exports, five days after their closure in response to increased mig[...]
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US inflation decelerating in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial ma[...]
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