Thailand expects Tesla, Google, Microsoft to invest $5 billion

Thailand's Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google and Microsoft.

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Germany scraps plans for more stringent building standards to prop up industry

The German government will put on indefinite hold plans to require more stringent building insulation standards, environment minister Robert Habeck told Reuters, an effort to help prop up the ailing building industry.

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EU car group calls for urgent action on post-Brexit trade rules

The European Union and Britain need to take urgent action to postpone rules for electric vehicles traded between the bloc and the UK that will trigger 10% tariffs, Europe's car industry group said on Monday.

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US opens probe into about 240,000 Ford EcoSport vehicles

U.S. auto safety regulators said on Friday they are investigating about 240,000 of 2018-2021 Ford (F.N) EcoSport vehicles after consumer complaints alleging oil pump failure.​​

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McDonald's to raise royalty fees for new franchise restaurants in US, Canada

McDonald's (MCD.N) is raising royalty fees for new franchise restaurants in the U.S. and Canada for the first time in nearly three decades, according to a letter viewed by Reuters on Friday, bringing them on par with what it charges in other markets.

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Oracle spends more than $100 million on Ampere chips

Oracle Corp (ORCL.N) agreed to prepay $104.1 million for processor chips made by startup Ampere Computing, according to Oracle's proxy statement filed on Friday.​​

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Oil prices ease 1% after US Fed warns of higher rates for longer

Oil prices fell about 1% to a one-week low on Wednesday after the U.S. Federal Reserve left interest rates unchanged as widely expected, but stiffened its hawkish stance with a further rate increase projected by the end of the year.

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Huawei unit ships Chinese-made surveillance chips in fresh comeback sign

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US employers to see biggest healthcare cost jump in a decade in 2024

U.S. employers are bracing for the largest increase in health insurance costs in a decade next year, according forecasts from healthcare consultants, but workers may be somewhat spared this time around in a tight labor market.

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Musk's Neuralink to start human trial of brain implant for paralysis patients

Billionaire entrepreneur Elon Musk's brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board to begin recruitment for the first human trial of its brain implant for paralysis patients.

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