VW to acquire 20% of China's Guoxuan in electric push

Source: Dukascopy Bank SA
Volkswagen is planning to acquire a 20% stake in Guoxuan High-tech, the Chinese electric vehicle battery manufacturer, as the German carmaker steps up the electric push into China's auto market.
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Fri, 17 Jan 2020 11:31:49 GMT

Renault sees slight slump in 2020 car market across Eurasia

On Friday, Renault stated it saw a slight slump in the 2020 car market in China, Russia and Europe, following its report of a 3.4% drop in the French carmaker's worldwide sales last year amid China, Iran tensions with the US.

Fri, 17 Jan 2020 09:28:55 GMT

Alphabet's public market capitalisation hits $1 trillion

Alphabet's public market capitalisation reached the mark of $1 trillion shortly before the trading close on Thursday, which made the group the fourth of S&P 500 components to hit the lofty level.

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