Ford must rethink its brand for China as EVs boom, CEO says
Synopsis by Reuters Apr 21 23
Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co (F ...Read full article 
Reuters: Ford must rethink its brand for China as EVs boom, CEO says
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| Last Updated | Apr 21 23 |
| Total Articles | 4 |
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American business executive, president and chief executive officer, Ford Motor Company
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Ford CEO Jim Farley Heaps Praise On China EV Maker That Is In 'Totally Different World Than Tesla' - XPen
benzinga.com/markets/asia/23/04/31930140/ford-ceo-jim-farley-heaps-praise-on-china-ev-maker-that-is-in-totally-different-world-than-tesla
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Ford CEO Jim Farley Heaps Praise On China EV Maker That Is In 'Totally Different World Than Tesla' - XPen
benzinga.com/markets/asia/23/04/31930140/ford-ceo-jim-farley-heaps-praise-on-china-ev-maker-that-is-in-totally-different-world-than-tesla
BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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The UAW-Volkswagen Unionization Vote Ends Today. It Matters for Ford, GM.
barrons.com/articles/uaw-volkswagen-unionization-vote-172e3498
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Is Tesla in Big Trouble? Signs Point to Yes: Tesla has for years seemingly defied the rules other automakers are forced to play by. No more.
motortrend.com/features/tesla-trouble-problems-2024/
Quick Glance: Tesla resolves lawsuit following deadly Autopilot crash
- Tesla reached a resolution in a wrongful-death lawsuit stemming from a fatal 2018 crash.
- Following the death of Apple engineer Walter Huang in Autopilot mode, his family filed a lawsuit.
- Specifics of the resolution, prior to the set trial date, remained undisclosed.
Is Tesla in Big Trouble? Signs Point to Yes: Tesla has for years seemingly defied the rules other automakers are forced to play by. No more.
motortrend.com/features/tesla-trouble-problems-2024/
Is Tesla in Big Trouble? Signs Point to Yes: Tesla has for years seemingly defied the rules other automakers are forced to play by. No more.
motortrend.com/features/tesla-trouble-problems-2024/
“BYD was never in the game” - Barke comments in detail about Ford in Saarlouis: The Saarland Economics Minister Jürgen Barke (SPD) commented in detail on the ...
saarbruecker-zeitung.de/saarland/saar-wirtschaft/byd-war-nie-im-spiel-barke-aeussert-sich-ausfuehrlich-zu-ford-in-saarlouis_aid-110423277
Paid articlePaid Ford Stock Is Soaring for 1 Big Reason and 3 Smaller Ones
barrons.com/articles/why-ford-stock-rising-3d19be5b
Paid articlePaid The Tesla Cybertruck Has Had a Rough Start. Now Production Is Halted.: Tesla seems to have run into a problem producing its newest model, its oddly-shaped pickup ...
barrons.com/articles/tesla-cybertruck-production-halted-ac750c17
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Ford recalls over 450,000 vehicles in US for issue that could affect battery, NHTSA says
usatoday.com/story/money/cars/recalls/2024/04/17/ford-recall-bronco-sport-maverick/73352450007/
Ford Motor: P/E Is A Poor Indicator Of Cyclical Low: Ford's low P/E ratio of 6.5x is not the best indicator. The main reasons for my bull considerations are ...
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Ford F-250 King Ranch Truck Review: It's Not for Cybertruck Fans: The $95,000 Super Duty diesel pickup is a tough, reliable workhorse inspired by the Old ...
bloomberg.com/news/articles/2024-04-22/ford-f-250-king-ranch-truck-review-it-s-not-for-cybertruck-fans
US auto sector 'whipsawed' by politicians, Ford chairman says: The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and ...
reuters.com/business/autos-transportation/us-auto-sector-whipsawed-by-politicians-ford-chairman-says-2024-04-17/
Tesla's Robotaxi Plans Face Major Challenges: Tesla, Inc. CEO Elon Musk's plan to launch a robotaxi service brings potential profitability ...
seekingalpha.com/article/4683452-tesla-robotaxi-plans-face-major-challenges
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Volkswagen Workers Vote ‘Yes’ to a Union. What That Means for GM and Ford.: Volkswagen employees in Tennessee agree to be represented by the United Auto Workers.
barrons.com/articles/volkswagen-union-vote-172e3498
Paid articlePaid Large Fund Bets Big on Groceries in the Face of Persistent Inflation: Alaska Permanent, the largest U.S. state wealth fund, just tripled investments in Walmart ...
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Ford is slashing prices on its electric F-150 Lightning: Ford has cut up to $5,500 off certain models of F-150 Lightning as it looks to reignite sales of the ...
qz.com/ford-f150-lightning-ev-price-cuts-1851408712
Black swan hedge fund says Fed rate cuts will signal market crash: While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund ...
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UAW scores historic landslide victory to unionize the first foreign automaker in the US
freep.com/story/money/cars/2024/04/19/results-uaw-union-vote-volkswagen-chattanooga-tennessee/73374618007/
Quick Glance: UAW Secures Historic Victory as Volkswagen Workers in Tennessee Vote for Union Representation
- Volkswagen workers in Chattanooga, Tennessee, made history by voting to join the United Auto Workers, marking the first auto factory in the South since the 1940s to unionize.
- Nearly three-quarters of 3,613 workers voted yes in a three-day election with high turnout, granting the union a significant first win in its efforts to organize factories of a dozen automakers in the South.
- The organizing effort concludes a strong year for the U.S. labor movement, obtaining record wage increases across various industries through strikes and tough negotiations.
- The UAW, led by President Shawn Fain, achieved notable successes in negotiations with Detroit automakers last fall, securing substantial raises and benefits through a contentious strike.
Ford recall on Broncos, Escapes over fuel leak, engine fire risk prompt feds to open probe
usatoday.com/story/money/cars/recalls/2024/04/12/ford-recall-bronco-escape-fuel-leak-probe/73299991007/
Ford, GM Stock Price Targets Are Rising. Wall Street Trims Tesla Stock.
barrons.com/articles/tesla-stock-ev-ford-gm-1096b617
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Ford recalls nearly 43,000 SUVs due to gas leaks that can cause fires, but remedy won't fix leaks
apnews.com/article/ford-recall-engine-compartment-fire-fuel-leak-a002bb4d939d59cab10136abbc471fbd
Quick Glance: Ford recalls nearly 43,000 SUVs due to gas leaks
- Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires, without fixing the fuel leaks.
- The recall covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022 with 1.5-liter engines.
- Dealers will install a tube to let gasoline flow away from hot surfaces and update engine control software to detect a pressure drop in the fuel injection system.
- Ford will extend warranty coverage for cracked fuel injectors and provide replacements for owners who experience the issue.
E.V. Sales Are Slowing. Tesla’s Are Slumping.: More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
nytimes.com/2024/04/15/business/ev-car-sales-tesla.html
Ford, Daimler Truck, Chrysler, Jeep among 131k vehicles recalled: Check car recalls here
usatoday.com/story/money/cars/recalls/2024/04/15/car-recall-check-ford-daimler-truck-chrysler/73294129007/
Rivian (RIVN), Lucid (LCID) Eye Record Lows as Ford Price Cut Fans EV Concerns: Shares of electric vehicle startups Rivian Automotive Inc. and Lucid Group Inc ...
bloomberg.com/news/articles/2024-04-11/rivian-lucid-eye-record-lows-as-ford-price-cut-fans-ev-concerns
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Check out the new Mustang 60th Anniversary: Today is the Mustang's birthday. Obviously Ford had to celebrate...
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Ford Celebrates 60 Years Of Mustang With Special Anniversary Package: Limited to just 1,965 units, the 60th Anniversary pack is offered exclusively for the 2025 ...
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New Shelby Super Snake unveiled with 830hp: Shelby American has spent a year developing its first S650 Mustang. The results speak for themselves...
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First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
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Opinion | Antisemitism in Dearborn, Past and Present: My hometown loved Henry Ford. Today some residents are all too keen to echo his ugly views about the Jews.
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Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's (HWT ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
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Ford Bronco recall coincides with O.J. Simpson’s death: Federal regulators announced a Ford Bronco recall investigation coinciding with O.J. Simpson's death ...
nydailynews.com/2024/04/12/ford-bronco-recall-oj-simpson-death/
Quick Glance: O.J. Simpson's Failed Attempt at Rebranding
- O.J. Simpson tried unsuccessfully to improve his image through social media.
- Despite attempts at normalization through videos, he could not alter his negative image.
- Expert Bernt Ullmann explains Simpson's lack of remorse, crucial for a successful comeback.
- Simpson's controversial videos further polarized and isolated him from the public.
So far 6000 euros for the Ahrtal: The old boys from Fellingshausen keep collecting donations for the Ahr Valley and want to continue to provide help.
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UAW's Shawn Fain makes Time's list of 100 most influential people of 2024: UAW President Shawn Fain has been named as one of Time's 100 most influential people ...
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Cryptoverse: Hold for the halving: Could bitcoin's bumper rally just be getting started this year?
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Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...
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Finley: Light-bulb moment for pickups: The G-men are coming for pickup trucks, of which I feel even more passionately about than I do bulbs.
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Ford Road project would mean no left turns: Ford Road, a heavily traveled route west of Detroit, would become a boulevard in coming years under a $65 million ...
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There is a lack of staff at Germany's weekly markets: Weekly markets are not only a place for regional produce, but also a meeting place ...
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Donald Trump's media company falls 12%, extends selloff: Shares of Donald Trump's media and technology firm fell as much as 12% on Monday ...
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TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
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Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
- TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).
- The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.
- Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.
- Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
Saleen 302 Black Label Ford Mustang Debuts With 800 HP: The S650 Mustang was designed to be difficult to tune, but that hasn't stopped Saleen from ...
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China’s growing love of luxury watches remains strong, despite economic headwinds
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SK On, EcoPro hit by falling EV demand as Ford delays launch of new models : Ford Motor’s repeated delays in electric vehicle (EV) production have affected the U ...
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Driver of Ford EV was using automated system before fatal Texas crash, investigators say
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US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
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Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
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China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
Paid articlePaid Germany says Europe is open to Chinese cars but not at any price: German Chancellor Olaf Scholz pressed his case on Monday for an open and fair European market ...
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Ford Fireworks will light up sky in June: What to know: The 66th edition Ford Fireworks are set to dazzle downtown Detroit skies this summer ...
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Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in Indonesian lender, sources say
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Asking prices for UK homes close to record high, Rightmove says: Prices of homes being sold in Britain are close to their record highs after the biggest annual ...
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Focus: Czech arms maker CSG chief eyes place on global stage: Michal Strnad, who a decade ago became head of CSG, a family defence business ...
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Despite $90 crude, US oil output capped by weak natgas prices: U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market ...
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UK recruiters report slowest growth in starting pay in over 3 years: Starting salaries for permanent staff grew at the slowest rate in over three years last ...
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Ohio senator wants Biden to permanently ban Chinese EVs from US: The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block ...
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2024 Toyota Land Cruiser: Hybrid power and advanced tech usher in off-road hero’s new era
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Ferrari Was Born From Alfa Romeo and 9 More Things You Never Knew About the Prancing Horse
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Qatar leads Gulf markets higher; Kuwait slips: The Qatar stock market ended higher on Sunday, boosted by gains in communications, energy and finance stocks ...
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EV maker Lucid beats first-quarter delivery estimates as price cuts boost demand: Lucid reported first-quarter deliveries above market expectations on Tuesday as ...
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Christiania: A Copenhagen hippy commune fights back against drug gangs: Locals start digging up a Copenhagen street as part of a bid to tackle drug-related crime ...
bbc.com/news/world-europe-68740282
Quick Glance: Christiania's Transformation: Ending Illegal Drug Market
- Residents of Christiania in Copenhagen aim to remove Pusher Street after decades of illegal drug trade to make way for renovations.
- The Justice Minister sees the action as symbolically significant, emphasizing the residents' desire to create a new Christiania without a criminal drug market.
- Having long battled authorities, residents now have the opportunity to control and renovate their land to modernize the hippie oasis.
- The community hopes that by dismantling the street and renovating, the illegal drug trade will cease, allowing Christiania to remain a legal and alternative part of Copenhagen.
2023-24 Detroit News All-Detroit girls basketball teams: David Goricki of The Detroit News selects the top girls basketball players from Detroit for the 2023-24 ...
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Car expert sees investments worth millions in Saarland at risk: It wasn't just Ford's exit from Saarlouis that recently made it clear: Saarland is facing huge ...
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Paid articlePaid China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
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US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
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China EV maker Nio urges openness in US speech amid tensions: Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the ...
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What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reut.rs/3QeEPdD
Japan may intervene to support yen any time, says senior ruling party official: Japanese authorities could intervene in the currency market any time as recent ...
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Air New Zealand falls after earnings outlook cut on stiff competition: Air New Zealand trimmed its annual earnings estimates on Monday, citing economic headwinds ...
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Morning bid: Fragile FX, tech swoon cloud sentiment: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-21/
New Brexit border checks could stifle fine food imports from EU, warn sellers: Panzer's delicatessen in north west London has lost 37 suppliers from the European ...
reut.rs/3U93eCn
Comment: We cannot win the battle of ‘planet versus plastic’ without robust data: Policymakers are meeting in Ottawa this week to negotiate a Global Plastics ...
reuters.com/sustainability/sustainable-finance-reporting/comment-we-cannot-win-battle-planet-versus-plastic-without-robust-data-2024-04-21/
Private credit paints a new scream for banks: Private credit providers want to turn financial slicing and dicing into a work of art. Sotheby’s Financial Services ...
reuters.com/breakingviews/private-credit-paints-new-scream-banks-2024-04-22/
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
Gold drops more than 2% to one-week low as Middle East worries ebb: Gold prices dropped more than 2% to a one-week low on Monday as worries over a wider Middle ...
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Palatinate liver sausage principle: Why an Alfa Romeo can't be called Milano: Palatinate liver sausage principle: Why an Alfa Romeo can't be called Milano - ...
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Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
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Mobile trading - Fear of the downward spiral: Weekly markets are now having a difficult time in Germany and are losing significantly in sales: a reason for joy ...
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Sindelfingen weekly market - Rainer Klein resigns from his position as market spokesman
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Très belle: French women's favorite bag is back - and we love them!: Everyone loves these bags, especially the French women - but this year we're looking at the ...
harpersbazaar.de/fashion/tres-belle-lieblingstasche-franzoesinnen-ist-zurueck-lieben
Recruiter Randstad misses profit forecast in tough market conditions: Randstad , the world's biggest employment agency, reported first-quarter core earnings ...
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Sluggish demand and oversupply sap European diesel markets: European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month ...
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