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Is it a free Lamborghini for VW buyers?

German carmaker volkswagen

More than 70% of the roughly 1 million Porsche 911 sports cars built since the 1960s are still on the road. While one wonders what happened to the others, it shows 911s are prized by collectors and so tend to hold their value. Alas, one can’t say the same about parent company Volkswagen AG’s shares. Porsche has been touting its ...

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Pollution’s impact on China’s crops is worse

  China is turning back to low-cost coal to boost its ailing economy. It’s an understandable reaction to the toll caused by Covid lockdowns. But it will come with a steep price for the environment and the health of its citizens. It’s also likely to worsen food insecurity in China just as the world is trying to fend off a ...

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Buy now pay later joins list of subprime losers

  In every down market cycle, subprime rears its head. It may not take center stage, like it did in the 2007-08 financial crisis, but it always surfaces. When times are good, finance companies are happy to ignore the pitfalls of lending to the riskiest borrowers. When times turn bad, the problems emerge. Carrying the mantle this time around is ...

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