Volvo Cars has slashed its 2024 sales growth outlook for this year to 7 to 8 percent, cutting it from 12 to 15 percent it had predicted in an earlier downgrade.
Author: admin (Kendrick Williams)
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WHAT WE SAID: FORMER OPENAI EMPLOYEE ARGUES COMPANY IS DESTROYING THE INTERNET, AND THOUSANDS OF ARTISTS SIGN STATEMENT AGAINST AI IP THEFT
A new blog post by Suchir Balaji, a former researcher at OpenAI, is gaining notice by The New York Times, Gizmodo and other general and tech-focused news outlets.
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WWII ENEMIES UNITE: GERMANY’S RHEINMETALL TO PRODUCE GUN BARRELS IN THE UK
What a difference a few decades make. Rheinmetall, Germany’s behemoth arms maker, announced last week that it will begin the production of gun barrels in the U.K. as part of a new defense agreement between London and Berlin—Europe’s two top military spenders.
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PUTIN CALLS WEST’S NOTION THAT IT CAN DEFEAT RUSSIA AN ‘ILLUSION
Russian President Vladimir Putin said last week that the Western idea that it could inflict a strategic defeat on Russia is a “mere illusion” and grossly underestimates the country’s unity, spirit, and history, according to RT.
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U.S. AND G7 STEALING RUSSIAN MONEY TO KEEP BLOODYING THE UKRAINE KILLING FIELDS
The U.S. and fellow G7 countries announced last week that they will begin “utilizing the income” from Russian assets that have been frozen in the West since the start of the Ukraine War in February 2022.
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RUSSIA ACCUSES THE WEST OF TRAINING UKRAINIANS TO TARGET NUKE SITES
Russia’s envoy to the UN accused the West of training Ukrainian saboteurs in how to effectively target nuclear sites inside Russia, and warned that such an escalation could result in a “radiation nightmare” in Europe, according to RT.
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SPOTLIGHT: BIGS GETTING BIGGER
French pharma giant Sanofi paid $300 million to buy 16 percent of Orano Med, a rising player in radiopharma, the emerging science of using nuclear isotopes to kill cancer tumors.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s economy expanded at an annual rate of 4.6 percent in the third quarter, according to government figures, ticking down from the previous quarter’s 4.7 percent and far short of Beijing’s 5-percent growth target for this year.
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TOP TREND 2024, EV GO FU: LUCID SEEKS CASH, WILL SELL ANOTHER 262.4 MILLION SHARES
Electric vehicle maker Lucid Motors announced a plan to raise more than $750 million by selling another 262.4 million shares of common stock.