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Tesla launches cheaper Model Y following end of US EV subsidies
New $37,990 ‘standard’ version is 15% less expensive than the previous base offering
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Trump signals optimism on Canada trade but offers no concessions
In meeting with PM Mark Carney US president fails to announce any change to tariffs on biggest commerce partner
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UBS fund holds 30% exposure linked to First Brands
Switzerland’s largest bank has multiple investments tied to bankrupt auto parts maker
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Jaguar Land Rover to restart UK production after devastating cyber attack
Tata-owned carmaker agrees new financing scheme to ease cash crunch for suppliers hit by shutdown
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BMW cuts profit guidance after weak sales in China
German carmaker also highlights higher than expected tariff costs
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UK pledges to defend steel industry after EU says it will raise tariffs to 50%
Brussels also plans to cut amount that can be imported tax free which would be ‘terminal’ for British companies
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Spying case collapsed after UK refused to label China a ‘threat’, prosecutors say
Crown Prosecution Service had charged two Britons with espionage offences
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Goldman executive says retail rush into private assets is raising risks
Fund managers are under pressure to deploy capital quickly and risk buying bad assets
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