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Ford slashes F-150 Lightning prices to compete with Tesla
Ford Motor Co. on Monday announced a sharp reduction in the prices of its F-150 Lightning electric trucks, including a 17% cut for the base model, as it seeks to…
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Saudi Aramco CEO joins BlackRock board of directors
BlackRock, the world’s largest asset manager, announced Monday that Amin Nasser, the CEO of Saudi Aramco, the world’s largest oil company, is joining its board of directors. The move reflects…
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H&M to enter Brazilian market in 2025
Swedish fashion retailer H&M announced on Monday that it will launch stores and online trade in Brazil in 2025, as part of its expansion strategy in Latin America. Brazil will…
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Tesla launches Model Y in South Korea with maximum subsidies
Tesla has started selling its Model Y rear-wheel drive car in South Korea at a price that qualifies for the highest level of government subsidies for electric vehicles, the company…
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Eli Lilly to buy Versanis for up to $1.93 billion in obesity drug push
Eli Lilly and Co said on Friday it will acquire Versanis, a privately held biotech company developing a novel obesity drug, for potentially up to $1.93 billion, as it seeks…
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Standard Chartered sells African businesses to Access Bank
LONDON: Standard Chartered has agreed to sell its subsidiaries in five sub-Saharan African countries to Nigeria’s Access Bank, as part of its plan to exit some of its less profitable…
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Time is running out to file your 2019 taxes and get your refund
Did you forget to file your taxes in 2020 when the Covid-19 pandemic hit? If so, you might be missing out on a big chunk of money from the IRS.…
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How to use your iPhone as a contactless card reader with Apple Pay’s new Tap to Pay feature
UK Apple Pay users can now turn their smartphones into contactless card readers for the first time, thanks to the new Tap to Pay feature. The feature, which was already…
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eBay acquires Certilogo, a digital ID and authentication provider for fashion goods
eBay Inc., a global commerce leader, announced that it has completed its acquisition of Certilogo, a company that provides AI-powered digital IDs and authentication for apparel and fashion goods. Certilogo,…
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Exxon Mobil to buy carbon capture company Denbury Inc for $4.9B
Exxon Mobil has announced that it will acquire Denbury Inc., a company that specializes in carbon capture, utilization and storage (CCUS) solutions, for $4.9B in an all-stock deal. The deal…
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Elon Musk unveils xAI, his new AI startup with a curious mission
Elon Musk, the billionaire founder of Tesla, SpaceX and Twitter, revealed his latest venture on Wednesday: xAI, an artificial intelligence startup that aims to create a "maximally curious" AI that…
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Collective raises $50mn to launch AI-driven financial management for solopreneurs
Collective, a platform that provides back-office services for solopreneurs, has raised $50 million in a funding round led by Google’s AI fund, Gradient Ventures. The company plans to use the…