China's Foton aims to sell 200,000 new energy commercial vehicles by 2025

Daimler's Chinese truck venture partner Beiqi Foton Motor aims to sell 200,000 new energy commercial vehicles by 2025, its chairman, Zhang Xiyong, told a conference on Saturday.

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U.S. to extend license for its companies to continue business with Huawei: sources

The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said.

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U.S. to extend license allowing its companies to continue business with Huawei: New York Times

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.

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Microsoft to probe work of Israeli facial recognition startup it funded

Microsoft Corp has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company said on Friday.

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U.S. to extend license allowing its cos to continue business with Huawei: NYT

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.

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Volkswagen to invest 60 billion euro in e-mobility, digital tech by 2024

Volkswagen will invest 60 billion euros ($66.12 billion) by 2024 to develop electric and hybrid cars as well as digital technologies, the multi-brand car and truckmaking group said on Friday.

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Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

Volkswagen will invest 60 billion euros ($66.12 billion) until 2024 to develop electromobility and digital technologies, the multi-brand car and truckmaking group said on Friday.

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Factbox: UK Plc in state hands - What companies would a Labour government nationalize?

Britain's opposition Labour Party has announced plans to nationalize BT's broadband network if it wins next month's general election, part of sweeping plans to reverse decades of pro-privatization public policy.

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Alibaba gets strong demand for $13.4 billion Hong Kong listing: sources

Alibaba's order books for its $13.4 billion Hong Kong share sale have already been covered "multiple times," sources with direct knowledge of the matter said on Friday, as the ecommerce group kicked off its campaign for the secondary listing in the city gripped by protests.

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Former Apple chip executives found company to take on Intel, AMD

Three of Apple Inc's former top semiconductor executives in charge of iPhone chips have founded a startup to design processors for data centers, aiming to take on current industry leaders Intel Corp and Advanced Micro Devices Inc.

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Apple could raise annual ad income to $11 billion by 2025: JPMorgan

The launch of Apple TV+, coupled with Apple Inc's foray into digital services, could help the company increase its income from advertising by more than five fold to $11 billion annually within the next six years, analysts from JP Morgan said on Friday.

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Apple warns of risks from German law to open up mobile payments

Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of financial information.

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UK's Labour plans to nationalize BT's network in free broadband plan

Britain's opposition Labour Party plans to nationalize BT's broadband network to provide free internet for all, a radical election pledge to roll back 35 years of private ownership that caught both the company and its shareholders by surprise.

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