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Mercedes delays US EV debut as Audi, Jaguar SUVs flop

Bloomberg Mercedes-Benz is putting off the US debut of its first electric vehicle by a year in the latest sign of just how difficult a time automakers are having replicating Tesla Inc’s success. Daimler AG’s luxury brand will start sales of the EQC crossover in 2021 rather than early next year. The German carmaker said in an emailed statement that ...

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Jingye’s plan to purchase British Steel assets at risk

Bloomberg Jingye Group Co’s planned acquisition of the assets of troubled steelmaker British Steel is at risk of falling through, the Sunday Telegraph reported. Discussions with the Chinese steel conglomerate are under threat as a deadline to finalise the terms nears, the newspaper said, citing unidentified sources. Officials and accountants are in informal talks with alternate buyers, the Telegraph added. ...

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Google culture war escalates as era of transparency wanes

Bloomberg Each morning, workers at Google get an internal newsletter called the “Daily Insider.” Kent Walker, Google’s top lawyer, set off a firestorm when he argued in the November 14 edition that the 21-year old company had outgrown its policy of allowing workers to access nearly any internal document. “When we were smaller, we all worked as one team, on ...

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