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...Many of the plans involve some element of electric vehicles or hybrids, in line with President Luiz Inácio Lula da Silva’s aspirations for a ‘green’ revival of Brazilian industry....
...A plant like Natrium that can just flex very quickly with that built-in energy storage makes it very valuable,” said Levesque, who will attend a nuclear summit in Brussels this week....
...However, their plans to rent their homes to tourists at high prices during the sacrosanct French August holiday period are being dashed as supply outstrips demand....
...Last week, Dollar Tree announced plans to close down nearly 1,000 — or 12 per cent of — Family Dollar stores....
...Turkey’s buoyant tourism industry has also provided a boost....
...The plan, dubbed “A Bold New Chapter”, will see Macy’s close 150, or 30 per cent, of its namesake stores....
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...Asked by an analyst whether the company plans to build its offerings in a similar way to Amazon —which started in online retail and moved into a number of other markets including logistics and cloud computing...
...The vote is a setback for Elon Musk, five years after he stunned the German auto industry by announcing he would build his first gigafactory in Europe next to Berlin, throwing the gauntlet to an industry...
...BP’s new boss Murray Auchincloss set out plans to win over shareholders on Tuesday as he pledged to turn the oil major into a “higher value company” even as he sticks with his predecessor’s strategy of investing...
...Henry Liu, director of the FTC’s competition bureau, said Tapestry had the goal of becoming a “serial acquirer” and that its push to buy Capri would “further entrench its stronghold in the fashion industry...
...This new, more mature industry is a different beast to the one that came before....
...Amazon said it was “compliant” with the rules and that it had “engaged constructively with the European Commission on our plans since the designation of two of our services”....
...Last week, German beauty retailer Douglas, a business backed by private equity group CVC Capital Partners, announced plans to list in Frankfurt seeking a valuation of about €6bn....
...The deal comes amid growing competition and consolidation as the industry looks to move beyond the disruption of the pandemic....
...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....
...The 2018 plan granted him another 304mn of share options. They would have boosted his stake to about 20 per cent, but that has gone out the window....
...Microsoft, Snap, eBay and PayPal have each scrapped hundreds or thousands of roles since the start of January, according to the website Layoffs.fyi, which tracks the attrition in the industry....
...Apple has been typically secretive about its AI plans even as big tech rivals, such as Microsoft, Google and Amazon, tout multibillion-dollar investments in the cutting-edge technology....
...The cancellation comes as the EV industry has slowed in recent months....
...That adherence to strict exploration plans suggests the US shale energy industry will shift further away from its role as a swing supplier, able to quickly turn up the production dial to douse price rises...
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