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Arrival is on-track to begin production of its electric bus and van next year

Executives from London-based commercial EV company Arrival told investors Thursday the company was on track to meet planned product launch dates, but much will depend on whether or not the company can

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ByteDance rival Kuaishou shares drop after Q1 financial results

Logo atop the Kuaishou Technology headquarters in Beijing, China, February 3, 2021. /VCGKuaishou Technology shares tumbled on Tuesday after the ByteDance rival released

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India's health ministry suggests deferment of vaccination for patients recovering from COVID-19

India's federal health ministry has announced deferring the COVID-19 vaccination by three months in four specific situations including patients recovering from the COVI

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India's vaccinations fall from peak as infections hit record

India's daily COVID-19 vaccinations have slowed from their record high early this month while new infections have set a record in eight of the past nine days, governmen

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Walmart helps push Cruise’s latest investment round to $2.75B

Cruise, the autonomous vehicle company aiming to deploy robotaxis in San Francisco and Dubai, has added Walmart as an investor in an extended fundraising round that has grown to $2.75 billion.The comp

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Hyundai Motor to suspend some South Korea output due to chip shortage

South Korea's Hyundai Motor plans to temporarily suspend production due to chip supply issues. /CFP South Korea's Hyundai Motor on Tuesdayannounced temporarily suspending production at its Uls

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China says growing wealth gap aggravates U.S. social inequality

Demonstrators participates in a car march to protest record unemployment and racial inequality in Washington D.C., U.S. on June 17, 2020. /VCG The growing polarization between rich and poor in

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Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic ro

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Huge iceberg breaks off near UK base in Antarctica

00:39 A huge iceberg, the size of Greater London or the Greek island of Lesbos, has broken off the Brunt Ice Shelf in Antarctica.The phenomenon is known as calving and comes almost a d

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Russian FM accuses some countries of politicizing pandemic

Russian Foreign Minister Sergei Lavrov has slammed some Western countries for politicizing humanitarian issues and using the pandemic for punitive actions against 'undesirable' governments. /via

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Davos Summit: Can the world achieve a green recovery?

01:39 The Davos Summit takes place this year against the backdrop of a crisis that has ruined livelihoods and widened inequalities globally. The environment has been a key focus, from

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Hundreds of oriental white storks spend winter in central Chinese city

01:04 With the improvement of the local water environment, hundreds of oriental white storks have arrived in Shangqiu City of central China's Henan Province to spend th

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APD | US companies express optimism about business prospects in China

By APD writer AliceA recent survey by the American Chamber of Commerce (AmCham) in Shanghai showed that US companies are optimistic about their business prospects in Ch

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Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy

Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market,

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UK’s Marshmallow raises $30M on a $310M valuation for more ‘inclusive’ car insurance

When it comes to using algorithms and other formulae to determine what kinds of services you might offer to specific customers and at what price, the insurance industry is one of the oldest in the boo

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Google confirms post-Election Day political ad ban, partners with AP on election results

Google today announced several updates related to how it’s helping direct people to the polls, provide election results, and help people access real-time election news across its platforms and

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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round.Dhaka-headquartered ShopUp said on Tuesday it has raised $