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December 14, 2025
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October 15, 2024

  • Business

Tesla gets green light from German authorities for first stage of plant expansion

The Cheap Investor1 year ago11 months ago02 mins

(Reuters) – Tesla came one step closer to achieving its planned doubling of capacity at its plant near Berlin on Tuesday when the local environment ministry granted approval for it to build another large hall. The approval granted permission for the carmaker to proceed with the first of three stages of the expansion, including construction…

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NYT sends AI startup Perplexity ‘cease and desist’ notice over content use

The Cheap Investor1 year ago11 months ago02 mins

(Reuters) -The New York Times has sent Perplexity a “cease and desist” notice demanding the company stop using its content for generative AI purposes, marking the latest clash between the news publisher and an AI firm. The letter from the news publisher said the way Perplexity was using its content, including to create summaries and…

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Boeing lines up $35 billion in funds as strike hammers finances

The Cheap Investor1 year ago11 months ago03 mins

(Reuters) -Boeing filed papers with the U.S. markets regulator on Tuesday for raising up to $25 billion through a stock and debt offering and entered into a $10 billion credit agreement amid a crippling strike and upcoming debt maturities. The planemaker is looking to shore up its finances that have been strained due to a…

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World Bank acts to boost lending capacity by $30 billion over 10 years

The Cheap Investor1 year ago11 months ago01 mins

WASHINGTON (Reuters) – The World Bank, under pressure to do more to help developing countries cope with climate change, voted on Tuesday to change its internal lending guidelines to free up $30 billion in additional lending capacity over the next decade, World Bank President Ajay Banga told Reuters. Banga said the bank’s International Bank for…

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