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China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence
BYD, China's largest electric vehicle maker, has opened its first factory in Southeast Asia in Thailand, marking a strategic move into the region's growing EV market supported by government incentives.
Germany Blocks Volkswagen Subsidiary Sale to China Over National Security Concerns
Germany has blocked the sale of MAN Energy Solutions, a Volkswagen subsidiary, to a Chinese firm due to concerns over national security, amidst escalating tensions with China over trade issues.
Saks Fifth Avenue's Parent Company HBC to Acquire Neiman Marcus for $2.65 Billion
HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.
SNAP Benefits Overpayment Concerns Rise in States; Would You be Required to Return Excess Funds?
According to data released by the US Food and Nutrition Service (FNS), several states are experiencing high rates of overpayments in SNAP benefits.