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Ghana Tax Breaks Cinch Auto Plant Deals
8/16/2019Ghana has agreed to grant carmakers tax breaks for as long as 10 years if they open assembly plants in the country.
SAIC Begins Construction of Huge Data Center
8/16/2019Shanghai-based SAIC Motor Corp. has begun construction of a large cloud computing and “big-data” center in Zhengzhou, China’s state-run Xinhua News Agency reports.
WTO’s Trade Growth Indicator Drops
8/16/2019The World Trade Organization says growth in the global trade of merchandise will remain below trend through at least the third quarter of 2019.
U.S., Japan to Continue Working Level Trade Talks
8/15/2019Envoys from Japan and the U.S. have completed two days of working level talks in Washington, D.C., about a bilateral trade pact and will meet there again next week.
Protected Bike Lanes Not Always Safer
8/15/2019Designated bike lanes that are separated from vehicle traffic by barriers make cyclists feel safer, but they aren’t always better, says the Insurance Institute for Highway Safety.
Cooper Standard Gets Smart on Materials Development
8/15/2019Cooper Standard Holdings Inc. says its new artificial intelligence-based process can reduce material development time by as much as 80%.
Report: Richest 25% Buy 56% of EVs in Norway
8/15/2019The wealthiest 25% of households in Norway bought more than half the new electric cars purchased there last year, according to Statistics Norway.
Former Google Marketing Exec Joins Uber
8/15/2019Uber Technologies Inc., which cut its marketing staff by one-third last month, has hired Thomas Ranese to head the ride-hailing company's downsized market and branding team.
UPS Buys Stake in Autonomous Trucking Company
8/15/2019United Parcel Service Inc. has acquired an unspecified minority stake in TuSimple Inc., a San Diego-based startup that supplies autonomous driving technology for commercial truck applications.
Scoop Ride-Sharing Raises $60 Million
8/15/2019California-based startup Scoop Technologies Inc. has raised $60 million in its latest funding round to more than double the ride-sharing firm’s investment total to $106 million.