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California vows to step in if Trump kills US EV tax credit
California vows to step in if Trump kills US EV tax credit
Business and Economy
by  AFP

California will revive its own subsidy programs for electric vehicles if Donald Trump guts US federal tax breaks for such cars, the state's governor said Monday. If Trump scraps the tax credit, California could revive its own Clean Vehicle Rebate Project, which ran until November 2023, granting rebates of up to $7,500 for people buying battery-powered cars, a press release said.

Brazil minister says supports meat supplier 'boycott' of Carrefour
Brazil minister says supports meat supplier 'boycott' of Carrefour
Business and Economy
by  AFP

Brazil's agriculture minister on Monday threw his support behind national meat suppliers that have halted deliveries to Carrefour supermarkets in a growing row related to Mercosur trade negotiations. Brazilian media are calling the disrupted meat deliveries to Carrefour supermarkets a "boycott" and many Brazilians online have applauded it.

Awaiting Commerzbank, Italy's UniCredit bids for Italian rival
Awaiting Commerzbank, Italy's UniCredit bids for Italian rival
Business and Economy
by  AFP

With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion euros ($10.6 billion). UniCredit surprised markets and Berlin in September when it announced it had built a significant stake in Commerzbank, Germany's second-largest lender, fuelling speculation of a takeover bid.