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Ford to launch seven European models by 2029 as it seeks to fend off Chinese rivals

Ford to launch seven European models by 2029 as it seeks to fend off Chinese rivals

By Nick Carey LONDON, May 18 (Reuters) - Ford will launch seven new models in Europe by 2029, it said on Monday, as it seeks to revive its flagging passenger car sales, fight off fierce competition from Chinese rivals and maintain an edge in the continent's commercial vehicle market. 
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Asia shares slip, oil prices pile pressure on bonds

Asia shares slip, oil prices pile pressure on bonds

By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings from tech-diva Nvidia this week.
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European shares fall as inflation worries grip markets

European shares fall as inflation worries grip markets

By Twesha Dikshit May 18 (Reuters) - European shares slipped on Monday, as inflation worries lingered with no sign of a deal between the U.S. and Iran to end their three-month-old war. 
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Morning Bid: Bonds get a taste of oil's demand destruction

Morning Bid: Bonds get a taste of oil's demand destruction

May 18 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. So, there's a limit to wishful thinking. Markets had assumed the U.S. and Iran were bound to see sense and strike a deal at any moment.
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G7 finance chiefs seek to tackle imbalances as trade strains unity

G7 finance chiefs seek to tackle imbalances as trade strains unity

By Leigh Thomas PARIS, May 18 (Reuters) - G7 finance ministers gathering in Paris on Monday will try to find common ground on tackling global economic tensions and coordinating critical raw material supplies, even as geopolitical differences threaten to test the group's cohesion.
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Mercedes-Benz Pioneers Turquoise Lights for Autonomous Vehicles, China to Mandate Use

Mercedes-Benz Pioneers Turquoise Lights for Autonomous Vehicles, China to Mandate Use

Mercedes-Benz Pioneers Turquoise Lights for Autonomous Vehicles, China to Mandate Use
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Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

By Gus Trompiz, Christoph Steitz and Dave Sherwood PARIS/FRANKFURT/HAVANA, May 17 (Reuters) - Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a U.S. executive order issued on May 1.
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Chinese automakers gain ground in South Africa as competitive pricing spurs demand

Chinese automakers gain ground in South Africa as competitive pricing spurs demand

By Nqobile Dludla JOHANNESBURG, May 15 (Reuters) - Chinese automakers expanded their share of the South African passenger car market to 16.8% in 2025 from 11.2% a year earlier, industry data showed on Friday, as competitively priced, technology-rich sport utility vehicles and long warranties
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Germany Seeks Madagascar Graphite to Reduce Dependence on China for Battery Supply

Germany Seeks Madagascar Graphite to Reduce Dependence on China for Battery Supply

Germany is actively exploring Madagascar's graphite industry as part of a broader effort to reduce Europe's reliance on China for critical minerals used in electric vehicle batteries and clean energy technologies. German government geoscientists recently visited the Molo graphite mine in Madagascar, operated by Canadian mining company NextSource Materials, to assess the potential of the site as a reliable source of natural graphite and anode materials. This initiative is part of a larger strategy by Western governments to diversify supply chains amid geopolitical tensions. The study, supported by Madagascar's Ministry of Mines, aims to determine if Madagascar can meet the industrial needs of Germany and the broader European battery market.
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Nissan CEO Considers Chinese Platforms for Future European Electric Vehicles

Nissan CEO Considers Chinese Platforms for Future European Electric Vehicles

Nissan CEO Considers Chinese Platforms for Future European Electric Vehicles
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Athletics-Leotlela wins maiden Diamond League 100m, Duplantis fails in world record bid

Athletics-Leotlela wins maiden Diamond League 100m, Duplantis fails in world record bid

SHAOXING, China, May 16 (Reuters) - South Africa's Gift Leotlela edged Ferdinand Omanyala and Kenny Bednarek to win the Shanghai Diamond League 100 meters on Saturday, as Mondo Duplantis fell short in his attempt to improve his pole vault world record yet again.
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Tesla Reduces Down Payments and Loan Terms in China Amid Sales Decline

Tesla Reduces Down Payments and Loan Terms in China Amid Sales Decline

Tesla Reduces Down Payments and Loan Terms in China Amid Sales Decline