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Federal Vaccine Advisers Take Aim at Covid Shots The New York TimesThe State of US Vaccine Policy CIDRAPOpinion | Confused immunization messaging bolsters anti-vax agenda The Cap TimesACIP Member Claims FDA Commissioner is Halting Decision to Remove Covid Vaccines from the Market: Report Pharmaceutical Executive
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Asian Stocks to Fall as US Tech, Crypto Extend Dip: Markets Wrap bloomberg.comV-plunge and recovery in another volatile Asia session, JP election this weekend FXStreetUS Equity Indexes' Sell-Off Deepens as Risk-Off Sentiment Grips in Final Leg of Trading marketscreener.com[Live from the Asian Market] Almost all assets have experienced significant volatility! After silver plummeted by 20%, it is still searching for a bottom, while Bitcoin once tested the $60,000 level. ????
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In Trump's war on global justice, court staff and U.N. face terrorist-grade sanctions ReutersIn Trump's war on global justice, court staff and U.N. face terrorist-grade sanctions marketscreener.comWashington imposes 'terrorist-grade sanctions' on Francesca Albanese, ICC judges thecradle.coUN rapporteur urges Washington to stop imposing its will, lift sanctions on ICC www.saba.ye
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Lower mid-market private equity house Shore Capital Partners has closed its second dedicated industrials fund on more than $400m.
The post Shore Capital Partners picks up over $400m to close second industrials fund appeared first on AltAssets Private Equity News.
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The low-priced furniture store is debuting on the stock market as it plans to more than double its store count.
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The announcement comes after multiple state gaming commissions pursue legal action against the predictions market.
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Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite.
While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 billion yuan ($1.8 billion) versus the same period last year, that was a lot lower than the 14.7 billion yuan expected. Revenue shrank 12.5 percent to 92.3 billion yuan year-on-year, sharply down on projections for 118.4 billion yuan.
The world's largest maker of EV batteries is being hit as automakers from General Motors to Ford begin to scale back EV production plans and delay model launches. Countries like Japan and Germany, home to some of the largest automotive incumbents, have seen not just a slowdown in the growth rate, but an outright decline in EV sales.
CATL supplies many big name carmakers, including Tesla Inc.
Although the Chinese giant dwarfs competitors, it isn't alone in feeling the pain. The world's third largest battery maker, South Korea's LG Energy Solution Ltd., is likely to suffer its third consecutive quarterly profit decline, its most recent preliminary earnings show.
For the January to August period, CATL's global market share stood at 37.1 percent, up 1.6 percentage points on the same period of last year, data from SNE Research show. LG Energy's market share shrunk 2.3 percentage points to 12.1 percent.
CATL's greater control over its supply chain does at least wring more profit from its suppliers, helping to drive down costs. Bloomberg Intelligence has suggested that more global EV makers adopting cheaper lithium-iron-phosphate (LFP) batteries could help CATL gain market share overseas. The company's energy-storage business is also emergin
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