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...It expects gross margin excluding regulatory credits could hit just 14.6 per cent, which would be a 2.6 percentage point deterioration from the previous quarter....
...Vehicles are ineligible for the credits if they have parts or minerals from China....
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...The only senior western official to emerge with credit was Lieutenant-General Roméo Dallaire, the Canadian commander of a minuscule UN peacekeeping force in Kigali....
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...Alison Mass and George Lee have left the group but will remain at the bank in their other roles, The Wall Street Journal reports....
...This newsletter has been accused of being too western in its outlook. But not this week....
...The scale is enormous: the negotiations involve potential deals for about a tenth of Liberia’s land mass, a fifth of Zimbabwe’s, and swaths of Kenya, Zambia and Tanzania....
...Banking industry insiders say it is hard to make big profits on mass-market credit cards in Mexico due to high default rates and low-value, sporadic use....
...London, New York and Paris deserve more credit for how well they are holding together....
...While Baghdad has sporadically condemned the attacks on US and western forces, it has done little to rein them in....
...That makes the next challenge scaling up for mass production....
...This week, a critical mass of several dozen countries, including many of the world’s largest economies, has begun to apply the new rules....
...The North Carolina-based company has repeatedly highlighted that sourcing lithium from Australia, a US free trade partner, will help automakers qualify for US tax credits under the Inflation Reduction Act...
...Congress lost seats to the BJP in elections in 2014 and 2019 and has suffered mass defections to the governing party....
...Help wanted A new league of specialist consultants has emerged to provide geopolitical advice as western multinationals reckon with an increasingly fragmented world, The Economist reports....
...BNP Paribas, Crédit Agricole, Citigroup and Santander are jointly acting as bookrunners for the offering....
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