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...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....
...Volocopter’s existing backers include Mercedes-Benz, Geely and Microsoft. By last year, the company had secured more than $760mn in total funding....
...On Tuesday, other carmakers with European plants including Ford, BMW, Mercedes-Benz, JLR, Nissan, Toyota and Volkswagen said their factories were currently unaffected, though VW said it began rerouting deliveries...
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