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...The group is also building a plant in Mexico that is expected to come online in 2026....
...Another heavily-traded company that until recently was a penny stock is Mullen Automotive....
...By the end of September, his personal debt to the tech group topped $5bn....
...AMD’s MI300X chip is “the most advanced AI accelerator in the industry”, chief executive Lisa Su said at an event in San Jose, California, on Wednesday, claiming it outperformed Nvidia’s current offering...
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
...Bright orange poppies, California’s protected state flower, dotted the verges....
...Uniqlo, part of Japanese fashion group Fast Retailing, last month sued Chinese fast-fashion retailer Shein in Japan....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...Private equity group Apollo recently expressed interest, while Paramount shares jumped as much as 13.5 per cent this week after media entrepreneur Byron Allen made a $14.3bn bid to buy all of the group’s...
...UBS has hired Sean Lynch as a managing director for technology investment banking in California. He previously worked for Barclays....
...“Those global corporates already proved that even the biggest automotive [manufacturers] today have to purchase China’s solutions in order to save time as well as get a lot more competitive products,” Li...
...Last year it launched the Cybertruck, a bold off-roader that Musk has admitted will be a “nightmare” to manufacture and will start retailing for $60,990....
...It moved to China, and then to California, but maintained its roots in Australia via a listing on the ASX where it has traded since 1999....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...Epic lost a related case against Apple in 2021, when a California judge concluded that the tech giant did not break the law by imposing rules that block rival stores and payment methods on its devices....
...Samii is 32, the youngest son of Iranian immigrants who moved to California in the 1960s. Both his parents are civil engineers....
...US group Lithia, which already has 50 UK sites, will buy the showrooms, Pendragon said on Monday....
...The Alliance for Automotive Innovation, a trade group that includes major carmakers, has said stringent US emissions standards proposed in April mark “a significant movement of the country’s electrification...
...In California, EV sales are now a quarter of the auto market. In the rest of the US, government subsidies are expected to cut EV costs by $3,000-$9,000, Exeter said....
...France takes an unusually interventionist stance on food retailing....
...California got there first. When I arrived here in 2018, I had a wardrobe of uncomfortable work clothes and an assumption that email and phone calls were the way to contact colleagues....
...Alaska grounded 65 jets in its own fleet after an incident on a Friday night flight from Portland, Oregon, to California. It turned around 35 minutes into the journey and returned safely to Portland....
...Armstrong here, back after a week in California....
...The discovery came after a Max 9 operated by Alaska Airlines, flying from Oregon to California, lost a chunk of its fuselage at 16,000 feet....
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