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By Scott Murdoch and Alun John HONG KONG (Reuters) – Investment banks and corporate advisors are pushing back against Hong Kong’s proposed rules for blank check listings, arguing they are too onerous and will not make the city competitive, three sources with knowledge of the matter said. Interested parties have until Oct. 31 to lodge […]
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Author: Reuters
German auto makers can’t build hundreds of thousands of cars due to chip shortages – Altmaier
BERLIN (Reuters) – German automobile manufacturers are currently not able to build hundreds of thousands of cars due to a lack of semiconductors and other electronic components, Economy Minister Peter Altmaier said on Wednesday. Presenting the government’s revised growth outlook, Altmaier said the government was ready to support the construction of local chip factories with […]
GM electric commercial vehicle unit to build dedicated dealer network
DETROIT (Reuters) – General Motors Co’s electric commercial vehicle business, BrightDrop, will build out a dedicated dealer network to drive growth, the unit’s head said on Tuesday. While Travis Katz, BrightDrop’s chief executive, did not disclose how many dealers will be in the network, he said it will be smaller than GM’s retail network and […]
Turkey’s Erdogan says to discuss F-35 jets with Biden in Glasgow -Anadolu
ANKARA (Reuters) -Turkish President Tayyip Erdogan said problems over the F-35 jet programme will be the main topic at his meeting with U.S. President Joe Biden at a summit in Glasgow starting at the end of this month, state media reported on Wednesday. Turkey, a manufacturer and buyer of the F-35s, was expelled from the […]
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