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Can you make an EV without losing billions?

  New electric models from Rivian Automotive Inc and Lucid Group Inc have won rave reviews, but you’ll have to be patient to drive one. Since commencing production one year ago, the two companies have produced only around 10,000 vehicles altogether as of June 30. Compare that with Volkswagen AG, which manufactures twice that every day. As the startups are ...

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Hints of Russia’s future in South Africa’s past

  Since Russia’s invasion of Ukraine, allied nations have unleashed a suite of sanctions so rapid and broad in its reach that there are no true precedents. Even, say, curbs on Venezuela — oil producer cut off from global finance — are by necessity imperfect. But there’s another commodity exporter whose experience offers less obvious lessons for sanctioning nations and ...

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Asda, Iceland bonds climb out of doldrums on bill aid

  Bloomberg British supermarket chains Asda Group Ltd and Iceland Foods Ltd have seen their bonds move out of the distressed zone after British Prime Minister Liz Truss’s promised help on energy bills. With Britons expected to have more money in their pockets to spend on essential groceries, the sweeping package of measures to contain spiraling energy bills announced last ...

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