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China’s Luckin plans store expansion, remains committed to the US market

Women leave a store of the Chinese coffee house chain Luckin Coffee in Beijing, China, July 8, 2020. Picture taken July 8, 2020. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register HONG KONG/BEIJING, Aug 9 (Reuters) – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, …

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Tesla’s July sales of Chinese-made vehicles slide due to factory line upgrades

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier as a scheduled …

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Musk challenges Twitter CEO to public debate on bots

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Elon Musk on Saturday challenged Twitter Inc (TWTR.N) Chief Executive Officer Parag Agrawal to a public debate …

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Musk says Twitter deal should go ahead if it provides proof of real accounts

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Elon Musk said that if Twitter Inc. (TWTR.N) could provide its method of sampling 100 accounts and …

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Tensions with US spur Chinese buying of chipmaking stocks

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 5 (Reuters) – Chinese chipmakers’ shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi’s visit …

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Tesla sets Aug 25 as trading day for three-for-one split shares

The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker’s …

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Canopy shares plunge as pot producer posts another loss

A sign featuring Canopy Growth Corporation’s logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Canopy Growth Corp (WEED.TO), posted another core loss on Friday, denting investor hopes that the cannabis producer would …

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Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to add to its cart of smart home devices. Amazon will pay $61 per share, valuing iRobot at a …

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TC Energy inks deal with Mexican utility to develop $4.5 bln gas pipeline

TC Energy’s logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – TC Energy Corp (TRP.TO) said on Thursday it had struck a deal with a Mexican state utility to develop a $4.5 billion natural gas pipeline. …

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Wealth manager Hargreaves Lansdown posts fall in assets on risk-off mood

Hargreaves Lansdown logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – British investment platform Hargreaves Lansdown Plc (HRGV.L) reported a fall in assets under management on Friday, as investors moved …

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