1.AMAZON: –Amazon (NASDAQ:AMZN) on Wednesday won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe’s second highest court dealt a blow to the bloc’s crackdown against unfair tax deals for multinationals. In a separate case, French utility...
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1.TESLA: –-U.S. electric car maker Tesla (NASDAQ:TSLA) Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions. With 25% tariffs on imported Chinese electric vehicles imposed on...
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1.BMW: –BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said on Friday. Most of the auto industry has been hit by a global...
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1.TESLA: –-U.S. electric-vehicle maker Tesla (NASDAQ:TSLA) Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Tesla, which makes Model 3 sedans and Model Y sport-utility vehicles at its Shanghai factory, aims to launch...
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1.3M Co: –3M Co beat Wall Street estimates for quarterly revenue, as people bought more personal safety products to stave off potential coronavirus infection. The company’s N95 masks, which provide a high level of filtration against airborne contaminants, as well as its home improvement and general cleaning equipment have...
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