GM to bolster EV spending

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Source: Dukascopy Bank SA
General Motors CEO Mary Barra announced plans to boost capital spending during the following three years, seeking to accelerate the development of electric cars, funded by expanded manufacturing of the high-profit pickup trucks.
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Fri, 06 Nov 2020 18:55:07 GMT

Pony.ai attracts $267M in latest funding round

On Friday, Toyota Motor-backed start-up Pony.ai stated it had raised $267M in its latest round of funding, valuing the self-driving company at $5.3B, as it aims to expand its footprint in China and the United States.

Fri, 06 Nov 2020 16:41:38 GMT

Canada adds over 83K jobs last month

Canada added 83,600 new jobs in October, missing analysts' forecasts, while the unemployment rate declined to 8.9%, according to the Statistics Canada data released on Friday.

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