Asian shares lower as strong data hit hopes for dovish Fed

BANGKOK (AP) — Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation. Tokyo rose while other regional markets declined. U.S. futures gained and oil prices also advanced. Adding to worries over the potential for recession, Fitch…

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GM's BrightDrop Signs First Customer In Canada, Unveils Country's First Large EV Factory

GM’s BrightDrop Signs First Customer In Canada, Unveils Country’s First Large EV Factory

By Lisa Baertlein (Reuters) -The first electric delivery trucks rolled off production lines at BrightDrop’s new factory in Canada on Monday, when the upstart unit of General Motors Co also announced DHL Express Canada as its first customer outside the United States. GM spent seven months and more than $2 billion transforming its 2 million-square-foot…

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