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GM electric commercial vehicle unit to build dedicated dealer network

General Motors Co’s (GM.N) electric commercial vehicle business, BrightDrop, will build out a dedicated dealer network to drive growth, the unit’s head said on Tuesday. While Travis Katz, BrightDrop’s chief

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Copper to extend slump in 2022 as mines ramp up, China weakens

Copper prices are due to extend their decline next year from record levels touched in 2021 as mine supply ramps up and economic growth tapers in top market China, a

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Exclusive: China developers propose offshore debt maturity extension, restructuring to regulators

Some Chinese property developers have voiced their intention to the regulators to extend their offshore bond maturities or undertake a debt restructuring, two sources with knowledge of the matter said,

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Turkmenistan officials due in Afghanistan as Taliban back TAPI gas pipeline

Officials from Turkmenistan will visit Kabul this week to discuss continuing work on the TAPI pipeline linking the energy-rich Central Asian country through Afghanistan to Pakistan and India, the Taliban

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China traders hunt for coal price directions as Beijing reins in data providers

Chinese coal traders say they are scrambling for price information on spot transactions, relying on personal communications as Beijing steps up scrutiny amid efforts to tame prices. The country’s top

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Component shortages hamper sales growth at Assa Abloy as profit lags forecast

Assa Abloy (ASSAb.ST) said on Wednesday material shortages and supply chain problems would continue to impact its markets, after posting third-quarter profit below market expectations. The world’s biggest lockmaker said

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French consumer confidence falls in October as inflation worries grows

French consumer confidence in October fell back below its long-term average on Wednesday as households fretted about the impact of rising prices on their ability to save in the future.

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