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Chinese exports soared to record levels in 2024, partly due to factories rushing to sell inventory to the United States ahead of a potential second term for Donald Trump. During his first presidency, Trump imposed higher tariffs on Chinese goods and has threatened even steeper duties if he returns to the White House next week. In response, American companies have been stockpiling Chinese goods. In 2024, China’s total...
Tesla has introduced a refreshed version of the Model Y, featuring a completely redesigned front and rear, as well as an updated interior. The new Model Y can be recognized by its revised headlights and a light strip at the front. The rear also boasts new light units, which are visually connected by a light strip, distinguishing the Model Y from the Model 3, which was updated earlier....
Meta, the company behind Facebook and Instagram, has announced internally that it will scale back various initiatives. Employees will no longer be required to engage with candidates from underrepresented backgrounds for open job positions, nor will they be obliged to conduct business with “diverse” suppliers. Maxine Williams, Meta’s Chief Diversity Officer, will be transitioning to a different role within the company. Similarly, Amazon informed its staff that it...
Volex plc, a global leader in manufacturing critical power and data transmission products, continues to show strong financial performance and strategic growth, making it an attractive prospect for investors. Financial Performance Volex has consistently demonstrated growth across its key markets. In the fiscal year ending March 31, 2024, the company reported a 26.3% increase in revenue, reaching $912.8 million compared to $722.8 million the previous year. This growth...
European aircraft manufacturer Airbus delivered 766 planes last year, marking its highest output in six years. The A321neo model has emerged as the world’s best-selling aircraft, driven by airlines investing heavily in upgrading their fleets with more fuel-efficient planes like the A321neo. Notably, carriers such as KLM are replacing older Boeing 737 models with Airbus aircraft. Despite the impressive figures, Airbus narrowly missed its target of delivering 770...
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