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19848 articles published since 08 Mar 2022

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Honda to build major EV plant in Canada: govt source
Honda to build major EV plant in Canada: govt source
Business and Economy

Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The Honda plant, to be built an hour outside Toronto, in Alliston, will also produce electric-vehicle batteries, joining existing Volkswagen and Stellantis battery plants.

'Tomb Raider' owner Embracer splits into three companies
'Tomb Raider' owner Embracer splits into three companies
Technology

Sweden's Embracer, owner of the "Tomb Raider" franchise, announced Monday it would split into three separate companies in a major reset for one of Europe's biggest video game groups. The group will replace Embracer as the main entity on the Stockholm stock exchange and manage the intellectual property rights Embracer has for "The Lord of the Rings" and the "Tomb Raider" games.

Denmark launches its biggest offshore wind farm tender
Denmark launches its biggest offshore wind farm tender
Business and Economy

The Danish Energy Agency on Monday launched its biggest tender for the construction of offshore wind farms, aimed at producing six gigawatts by 2030 -- more than double Denmark's current capacity. This is a massive investment in the green transition," Kristoffer Bottzauw, head of the Danish Energy Agency, said in a statement.

Markets bounce as MidEast fears ease, US inflation in view
Markets bounce as MidEast fears ease, US inflation in view
Business and Economy

Asian markets rose Monday, clawing back some of last week's losses, as Middle East worries subsided while traders look ahead to the release of key US inflation data and corporate earnings. The disappointing CPI data has dented hopes for a cut in June, while traders have scaled back their outlook for how many the Fed will make this year.

InstaDeep CEO takes AI from Tunis to London
InstaDeep CEO takes AI from Tunis to London
Technology

Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000. InstaDeep specialises in decision-making artificial intelligence (AI) that helps businesses develop applications to optimise cost and efficiency.

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