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Tesla to recall over 27,000 Cybertruck vehicles over rear-view image delay

(Reuters) -Tesla said on Thursday it would recall most Cybertrucks in the U.S. due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding that…

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F1 inks a 10-year global sponsorship deal with LVMH

Investing.com — Liberty Media’s Formula One and luxury group LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) announced Wednesday they are entering a 10-year partnership. The partnership, set to begin with…

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Wall Street profit expectations for Amazon ‘still seem high’ warns Morgan Stanley

Investing.com — Morgan Stanley analysts said in a note Thursday that Wall Street’s profit expectations for Amazon (NASDAQ:AMZN), particularly for the fourth quarter of 2024, may be overly optimistic. The bank…

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India stocks lower at close of trade; Nifty 50 down 2.12%

Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Capital Goods and Auto sectors led shares lower. At the close in NSE,…

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Geopolitical tensions and US election push investors toward Bitcoin and gold: JPM

Investing.com — JPMorgan analysts said in a note Thursday that rising geopolitical tensions, coupled with the upcoming U.S. election, are likely to drive investors toward Bitcoin and gold. JPMorgan points…

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Stellantis shares drop to over 2-year low as investors question dividend

MILAN (Reuters) – Stellantis (NYSE:STLA) shares fell further on Thursday amid concerns over the sustainability of the automaker’s dividend following a profit warning earlier this week. The shares dropped over…

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Airbnb drives short-term rental boom in tourist haven Rio

By Dani Morera Trettin and Fabio Teixeira RIO DE JANEIRO (Reuters) – When Carlos Eduardo Muzy first rented his beachside Rio de Janeiro apartment on Airbnb in 2019, he just…

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Chinese stocks lead a bullish charge in Hong Kong after major stimulus

Chinese stocks listed in Hong Kong surged dramatically, marking their largest rally in almost two years, as traders returned from a national holiday. Fueled by stimulus-driven optimism, the Hang Seng…

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Samsung to cut thousands of jobs amid struggles in AI market

Samsung Electronics Co. is poised to significantly reduce its global workforce, with layoffs planned across Southeast Asia, Australia, and New Zealand. Sources close to the situation told Bloomberg that approximately…

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Ireland set to invest Apple’s €14bn tax windfall in critical infrastructure

Earlier this month, Apple was ordered to pay €14bn in back taxes to Ireland, following a long-standing legal battle with the European Commission. The unexpected financial windfall is set to…

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