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Key to Tesla’s battery making still in Germany

Bloomberg Tesla Inc. has all the tools to meet its planned Model 3 production rate in the first quarter. The problem is that a key to its future battery manufacturing is still in Germany. The electric-car maker — which still plans to make about 2,500 of the cars a week by the end of March — designed a new automated ...

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UK factories post best year since 2014

Bloomberg UK factory production extended its record run in December, capping the strongest year since 2014. Manufacturing rose 0.3 percent from November, the Office for National Statistics said. Overall industrial output slumped a larger-than-forecast 1.3 percent after the closure of a key North Sea pipeline led to a steep drop in oil output. Separate figures show construction output rose 1.6 ...

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Maersk drops as it misses estimates after an ‘unusual’ year

Bloomberg A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders profit at the world’s biggest shipping company will grow as much as 43 percent in 2018. Maersk opened about 5 percent lower in Copenhagen, making it the day’s worst performer on Denmark’s index of benchmark stocks. In a note to clients, Clarksons Platou said Maersk ...

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