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07.02.26 - 23:30
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India-US trade deal: Harley, Tesla to benefit, but no risk to desi firms (Times of India)
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US auto giants Harley Davidson, Jeep, and Tesla are poised to benefit from a new trade deal with India. The agreement offers reduced import duties on specific high-engine capacity motorcycles and cars, with concessions for Harley Davidson's 800-1,600cc bikes and a phased duty reduction for vehicles over 3,000cc, potentially boosting Tesla and Jeep's market presence without impacting domestic manufacturers....
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07.02.26 - 15:02
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Stellantis: Katerstimmung folgt auf Transformations-Rausch (Tichys Einblick)
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Schwarzer Tag für den Automobilkonzern Stellantis, dem Mutterkonzern von Marken wie Fiat, Chrysler und Opel. Am Freitag exekutierte das Unternehmen angesichts katastrophaler Geschäftsergebnisse seine E-Auto-Strategie und meldete Abschreibungen in Höhe von 22 Milliarden Euro, die sich allein während der zweiten Hälfte des vergangenen Jahres kumulierten. Bilanztechnisch bedeutet dies für den zweitgrößten Automobilanbieter auf dem europäischen
Der Beitrag Stellantis: Katerstimmung folgt auf Transformations-Rausch erschien zuerst auf Tichys Einblick....
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07.02.26 - 02:12
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China Bans Stablecoin Issuance By Foreign And Domestic Companies (ZeroHedge)
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China Bans Stablecoin Issuance By Foreign And Domestic Companies
Submitted by Cointelegraph,
The People's Bank of China (PBOC), the country's central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs).
The ban applies to both domestic and foreign stablecoin and tokenized RWA issuers, according to the statement, which was also signed by the Ministry of Industry and Information Technology and China's Securities Regulatory Commission. A translation of the announcement said:
“Stablecoins pegged to fiat currencies perform some of the functions of fiat currencies in disguise during circulation and use. No unit or individual at home or abroad may issue RMB-linked stablecoins without the consent of relevant departments.”
Winston Ma, an adjunct professor at New York University (NYU) Law School and former Managing Director of CIC, China's sovereign wealth fund, tol...
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