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10 killed as overloaded van overturns near border checkpoint in Texas

A van overloaded with 30 people, many of them believed to be illegal immigrants, crashed in southern Texas on Wednesday, killing 10 onboard and critically injuring many others, police said.The van ve

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GM lifts profit outlook on strong pricing despite chip shortage

General Motors lifted its 2021 profit forecast Wednesday on strong vehicle pricing amid limited car inventories due to the semiconductor chip shortage.The big U.S. auto

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Florida proposes 18% increase to electric bills by 2025

02:37 Floridians are feeling the pinch as rent,gas and food pricesare increasing andmore is coming.Florida’s largest utility company is proposing an 18 percent base increase to electric

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Global utility company investing heavily in Brazil’s favelas

02:28 Brazil’s subsidiary of China’s State Grid Corporation, the world’s largest utility company, has been investing heavily in the country’s power distribution, but also in social deve

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Several people killed after cable car falls in Italy's Piedmont

Several people were killed after a mountaintop cable car plunged to the ground in Italy's northern region of Piedmont on Sunday, according to rescue team."Rescue operations continue. Unfortunately th

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Italy fines Google $123 mln for abuse of dominant position

Italy’s competition watchdog said on Thursday it had fined Google 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operatin

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Passenger car sales in China post robust growth in January

Newly manufactured cars are seen at the automobile terminal in the port of Dalian, Liaoning Province, China, July 9, 2018. /Reuters Sales of passenger cars in China last month saw a sharp rise

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Tesla’s power businesses are beginning to take off

Tesla just released its latest earnings report, and the results indicate that Elon Musk’s bets on energy storage and solar are beginning to pay off.The storage business was the star of the compa

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Tesla plans to export China-made Model 3s to Asia and Europe: sources

Tesla is planning to export Model 3 vehicles made in China to Asian and European markets, two sources familiar with the matter told Reuters on Friday.The U.S. automaker, which started delivering Mode

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What your company can learn from the Bank of England’s resilience proposal

The outages at RBS, TSB and Visa left millions of people unable to deposit their paychecks, pay their bills, acquire new loans and more. As a result, the House of Commons’ Treasury Select Commit

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Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Tesla Inc cut the price of its sport utility vehicle Model Y by 3,000 U.S. dollars, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 p

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RiskIQ adds National Grid Partners as securing data becomes a strategic priority for utilities

RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor. The funding from the investment arm o

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China's Geely, local partner provide medical aid to Malaysia against COVID-19

China's Geely Holding Group and its local partner DRB-HICOM, who jointly own and operate Malaysia's national carmaker Proton, has handed over an assortment of medical

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Researchers develop new test kit to detect coronavirus in 15 mins

A team led by Chinese respiratory expert Zhong Nanshan has developed a new test kit which is able to test the novel coronavirus infection in about 15 minutes.The study was published on Journal of

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11 dead in road accident in eastern India

At least 11 persons died and four injured in a road accident in India's eastern state of Bihar early on Saturday, said local media reports. The mishap reportedly took

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China helps sole traders fight economic impacts of COVID-19

VCG China has rolled out a series of plans to help individually-owned businesses get through the setback caused by the novel coronavirus outbreak, officials said at a press conference on Thurs

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Ghana to use $1 billion to restructure power deals

Ghana aims to restructure power deals. (File Photo) Ghana plans to use as much as $1 billion of the Eurobonds it sold last week to help restructure the country’s obligations to independent po