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India running out of time to cash in on ‘Gen Z boom’

Bloomberg India, which is home to more young people than any other country, is running out of time to harness the potential of its youth to drive economic growth. The nation’s population in the under-19 age group has already peaked, government data show. That means the labour force will grow more slowly from here on out. In just over 20 ...

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Chasing global sway, China’s car industry influence is rising

Bloomberg China has long been a key market for global automotive manufacturers. Now the country is asserting its role as an investor in the industry, stepping up the pace of purchases in the car and heavy-truck sector. The latest foray: state-backed Beijing Automotive Group Co is buying a 5 percent stake in Daimler AG, the maker of Mercedes-Benz. The announcement ...

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Nissan braces for pain as weak profits force restructuring

Bloomberg Nissan Motor Co confirmed reports of a 90 percent drop in quarterly operating profit and a broader restructuring a day before posting results, underscoring the Japanese automaker’s struggle to get back on stable footing. Operating profit for the fiscal first quarter will be several billion yen, the Nikkei newspaper reported earlier on Wednesday, indicating a result well below analysts’ ...

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