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Chinese iPhone Manufacturer Foxconn Relaxes Corona Measures
The company has announced that Chinese iPhone maker Foxconn will relax most of the corona measures at its factory in Zhengzhou.
Foxconn is now stopping requiring employees to limit their daily commutes between their dorms and…
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UK Inflation Cools After Reaching Highest Level in 41 Years
Inflation in the United Kingdom cooled somewhat in November after reaching its highest level in 41 years in October. According to the British national statistics agency ONS, inflation last month was 10.7 percent on an annual basis.
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British Unions Start National Strike at Railways
Thousands of rail workers have been on strike across the UK on Tuesday as part of a wave of industrial action planned for the holiday season.
The strikes of the country's largest railway union, the Rail, Maritime and Transport…
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Rivian Does Not Want to Make Electric Vans With Mercedes-Benz After All
The American electric car manufacturer Rivian has abandoned plans with the Mercedes-Benz car group for the joint production of electric vans in Europe.
Rivian's decision comes three months after both carmakers agreed to share costs…
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India Also Wants to Invest in the Construction of More Nuclear Power Plants
India's state-owned electricity company NTPC has plans to build many new nuclear power plants to reduce dependence on fossil fuels and help lower the country's emissions.
India is the world's third-largest emitter of greenhouse…
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Vietnamese Electric Car Builder VinFast to Wall Street
Vietnamese electric car maker VinFast has filed for an IPO in New York. There had been speculation that the company would go to Wall Street to help finance its global expansion.
VinFast is already building a factory in the US state…
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Gas Prices are Rising Due to Lower Temperatures
Gas prices are going up on Tuesday due to colder-than-normal weather in northwestern Europe. As a result, the stocks built up for the winter are being used more often.
In the coming weeks, Europe also seems burdened by colder…
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Wall Street Mostly Higher After Strong Rally the Day Before
Stock markets in New York continued to rise on Thursday after the strong rally the day before. Investors were still chewing on the words of US central bank president Jerome Powell.
The Fed boss said in a speech on Wednesday that…
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