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Volkswagen Mexico workers reject 9% raise deal as inflation rises

MEXICO CITY (Reuters) – Workers at Volkswagen (ETR:VOWG_p)’s Mexico unit have rejected a newly agreed deal for 9% raises, setting up further talks between the company and union after an.

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Tesla discloses lobbying effort to set up factory in Canada

(Reuters) – Tesla (NASDAQ:TSLA) Inc is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, a filing by the electric-vehicle maker.

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Tyson Foods misses earnings, warns of supply constraints; shares fall

By Tom Polansek and Praveen Paramasivam (Reuters) -Tyson Foods shares fell 10% on Monday as the U.S. meat processor reported weaker-than-expected quarterly earnings and warned of supply constraints and reduced.

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TV Azteca says it has been notified of early expiry of $400 million notes

MEXICO CITY (Reuters) – TV Azteca said on Monday it had received notice of the intention for early expiry by holders of $400 million in notes, which are due to.

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AMD, Nvidia Have Near Term Concerns, but BofA Looks to Product Cycles

By Sam Boughedda A BofA analyst maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) on Monday, telling investors in a research note that there.

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Strike-hit SAS passenger count fell 32% in July from June

STOCKHOLM (Reuters) – Scandinavian airline SAS said on Friday its total number of passengers decreased by 32% in July compared with June, and capacity by 23%, due to a 15-day.

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Allianz shells out 140 million euros to shut U.S. fund unit after fraud

By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Allianz spent around 140 million euros ($143.11 million) on restructuring to wind down a U.S. funds unit at the centre of a.

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Suzuki Motor says demand strong despite economic concerns

TOKYO (Reuters) – Japan’s Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about.

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Allianz Q2 net profit down worse-than-expected 23% but outlook confirmed

FRANKFURT (Reuters) -German insurer Allianz (ETR:ALVG) on Friday posted a worse-than-expected 23% fall in second-quarter net profit, dampened by volatile markets, but confirmed its target for the full year. Net.

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Rio Tinto attracts several proposals to build 4 GW of wind, solar power

By Sonali Paul MELBOURNE (Reuters) – Global miner Rio Tinto (NYSE:RIO) has received several offers to build 4 gigawatts (GW) of wind and solar farms to power its alumina and.

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