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...He added that continued pay cuts were in line with the general tone at China’s Central Financial Work Conference in October chaired by Xi. “You have to listen to the calling from the party,” he said....
...that “after deciding to partner with Microsoft last year, we began meetings with US officials to ensure compliance with US regulations — including on Chinese technology — so we could get the deal over the line...
...It launched investment banking in the city-state in 2010 and brought in more product lines, including asset and wealth management, during the pandemic....
...“Still, the fate of China’s chip industry and its technological development in the coming years will depend on these production lines by SMIC.”...
...Additionally, it is the Company’s belief that the director nominees lack the expertise or knowledge needed to navigate the complexities of a zero-emissions trucking and energy infrastructure business....
...Nikola said its current board “comprises a diverse group of reputable, leading experts in their respective fields — from trucking to start-ups to technology to energy, as well as customer service — all integral...
...Sunday’s Tokyo Marathon may provide happier news from the funish line. leo.lewis@ft.com...
...Russian forces are using Starlink terminals on the front line in Ukraine, according to the Ukrainian military, which said the adoption of Elon Musk’s satellite internet service by Moscow’s troops was becoming...
UK broadcaster blames need for cost reductions on steep falls in traditional advertising market
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Khamenei takes calculated risks when adversaries cross his red lines....
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...Inflection investors are reported to be in line to receive up to 1.5 times their investment while retaining a stake in the business....
...“It was tough enough for Sony arguing the need to investors for a PS5 — and a lot of people at the time were saying that the PS5 could be the end of the line — but Microsoft’s commitment to console gaming...
...Rank-and-file steelworkers are not necessarily in line with their union, however. In Furko’s local chapter, support for Trump is “overwhelming”, he said....
...Smaller local peer United Microelectronics Corp has also shut down machinery and evacuated staff at certain facilities....
...The Apollo proposal also featured a “roll-up” component that would have given Apollo’s earlier $500mn secured loan to Yellow “superpriority” status alongside the DIP loan, putting it first in line for repayment...
...“Sometimes it is unclear what is driving a litigation, and only by reading between the lines of a complaint can one attempt to surmise a plaintiff’s true purpose....
...He added “the bottom line is that The Times looked for its stolen works and found them. Microsoft now blames The Times for bringing this to light as an excuse for their and OpenAI’s wrongdoing.”...
...While Apple this year quietly abandoned a decade-long, multibillion-dollar project to build an electric vehicle, the Chinese group now has EVs rolling off Beijing production lines every couple of minutes...
...Estes Express Lines has bid $1.3bn for Yellow’s terminals, which would cover all the group’s existing secured debt....
...On Monday, the carmaker halted some production lines and suspended shipments of 10 models....
...“Those lines will continue to diverge. That’s a good thing for the health of the business because the hardware we sell is not a profit driver for us in our organisation.”...
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
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