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The Latest

  • Vietnam's Vingroup Breaks Ground On New $174 Million Battery Factory
    Vingroup
    The new factory is designed to produce up to 100,000 battery packs per year, with its second phase increasing that capacity to 1 million battery packs.
  • Unionbank In Final Talks To Acquire Citigroup's Philippine Retail Banking Business
    CASE DROPPED
    Aboitiz-led Union Bank of the Philippines will reportedly acquire Citigroup's local retail business in the Philippines through a deal worth an estimated $1 billion.
  • Toys' R' Us To Relaunch Two-Story Flagship With Slides And An Ice Cream Shop
    Toys 'R' Us
    Toys' R' Us will open a massive new flagship store in mid-December at the American Dream mall in New Jersey.
  • Elon Musk Says SpaceX Could Go Bankrupt If Starship Fails
    VIRUS AT SPACEX
    Billionaire entrepreneur Elon Musk said SpaceX going bankrupt is unlikely but not impossible.
  • Westpac Agrees To $81 Million Penalty, Admits To Financial Misconduct
    Westpac
    Westpac Banking Corporation agreed to pay a fine of $81 million for its various violations, including charging dead customers advising fees.
  • Moderna Says Omicron Variant Vaccine Coming In Early 2022
    FIGHTING OMICRON
    Moderna said it has already deployed hundreds of its employees to study the new variant.
  • Dollar Tree Raising Prices, To Sell Products Starting At $1.25
    Dollar Tree
    After 35 years of offering everything for a dollar, Dollar Tree will be raising prices to $1.25 at all of its stores in the U.S.
  • Xpeng Motors Aiming To Sell Half Of EVs Outside Of China
    Xpeng Motors
    Xpeng Motors is aiming to deliver half of its total production to markets outside of China as part of its global expansion strategy.
  • Amazon India Executives Charged Over Marijuana Smuggling Involvement
    Amazon India
    Indian authorities believe that more than 1,000 kilos of marijuana, worth an estimated $148,000, has so far been sold on Amazon India.
  • CVS To Shut Down 900 U.S. Pharmacies Over Next Three Years
    CVS Health
    CVS Health Corp will be shutting down 10% of its brick-and-mortar pharmacies in the U.S.
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