Monthly Archives: October 2022

Brazil to buy US, Canadian and Russian wheat as Argentinian supplies dwindle

Brazil will have to look for other sellers of wheat as Argentina’s poor harvest has reduced its production and compromised its ability to export, analysts said, citing the United States, Canada and even Russia as possible suppliers. Brazil is a net importer of wheat and neighboring Argentina, which is currently suffering from drought, is its main source of cereals. “Generally, ...

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Charlie’s Produce is building a new factory in the West Plains

Oct. 30 – Seattle-based Charlie’s Produce plans to build a new plant in the West Plains. Alex Plummer, executive vice president of Charlie’s Produce LLC, filed for a building permit with Spokane County to build a 72,000 square foot cold room warehouse and 12,000 square foot office at 6505 W. 40th Ave. Construction of the facility is expected to begin ...

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Aid spending hits record high in Pacific islands as COVID hits

SYDNEY, Oct 31 (Reuters) – A record $3.3 billion in aid flowed to the Pacific islands in 2020 as the COVID-19 pandemic hit, a 33% increase on the previous year, according to a report by the Lowy Institute think tank On Monday. The pandemic has led to border closures, confronting tourism-dependent governments with the economic crisis. It has also led ...

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Brexit bureaucracy is holding back innovation in the UK and sales in the EU | Manufacturing sector

British inventions are marketed overseas as new Brexit safety certification rules mean they cannot be sold in the UK. Trade bodies and contractors have blamed the government’s decision to stop accepting the European Union CE mark and instead create a new UK Conformity Assessed (UKCA) mark showing that a product is safe. When the new system is in place, it ...

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Iran exports $7.5 million worth of drugs to Russia

TEHRAN – Iran-made drugs worth $7.5 million have been exported to Russia in recent years [Iranian calendar] year (March 2021-March 2022), a Food and Drug Administration official said. Biological medicine accounts for a large share of products exported from Iran to Russia, ISNA quoted Hossein Shomali as saying on Friday. The pharmaceutical industry is one of the active and important ...

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Rupee extends losses for third session

KARACHI: The rupee saw more losses on Friday on demand for dollars from importers as political unrest continued to weigh on investor sentiment, dealers said. The local unit fell 2.1 rupees against the dollar in the open market. Exchange firms quoted the rupee at 227.50 to the dollar, down from 225.40 on Thursday. In the interbank market, the rupee fell ...

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Ukraine and Moldova increase imports amid falling spot prices

Additional reporting by Luka Dimitrov LONDON (ICIS) – Business activity is picking up in Ukraine and Moldova as prices spur businesses to weather the storm. European gas traders are betting on a wide contango between spot prices and initial month prices to boost exports and inject gas into Ukraine. With a day-ahead TTF gas price at €76.40/MWh compared to the ...

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5 myths – and an inspiring truth – about manufacturing in the USA

The following is an essay written by David Ebenstein and Asutosh Padhi, authors of THE TITANIUM ECONOMY: How Industrial Technology Can Create a Better, Faster, Stronger America. The words “American-made” might conjure up a landscape of abandoned factories and crumbling factories. But this is largely an image of the last century. Today, thousands of cutting-edge industrial technology companies are buzzing ...

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Rupee trade: notification allowing exporters earning rupee to benefit from existing regimes

As India prepares to start a full-fledged rupee trade with Russia and also engages in talks with some other countries, such as the United Arab Emirates and Sri Lanka, for a similar deal, the Center is expected to issue a notification soon allowing exporters to take advantage of all existing export benefits, such as import duty refund schemes, even if ...

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Louisiana shrimpers call on lawmakers to act and cap shrimp imports

CUT OFF (WVUE) – Due to years of rising shrimp imports, lax import testing and rising diesel fuel costs, Louisiana shrimpers say they are in dire straits and any the shrimp industry is in jeopardy because of it. The Louisiana Shrimp Association held a state-of-the-industry meeting at Cut Off on Tuesday, aiming to rally as many shrimpers as possible to ...

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Dawn Foods executive predicts low-sugar baking trends

According to Adam Pawlick, vice president of R&D at Dawn Foods, Jackson, Michigan, increased sophistication around sugar reduction is a trend being driven by other food categories. Because different parts of the world are at different stages of the sugar reduction life cycle, consumers are unknowingly benefiting from a wider range of formulations that offer alternatives while maintaining a pleasant ...

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The Best Payday Loan Providers In Texas

PaydayChampion PaydayChampion is aware that comparing dozens of lenders, their various terms, maximum loan amounts, and interest rates can rapidly become challenging. Luckily, PaydayChampion’s user-friendly, secure lending platform makes it simple to receive the money you require. When you use PaydayChampion’s online platform to submit a loan request, the loan provider will examine your application, confirm your information, and put ...

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Scientists make a living blood vessel

Close-up of the structure of the material used to build the “living blood vessel” Co-author Dr Christopher Breuer of the Center for Regenerative Medicine at Nationwide Children’s Hospital and Wexner Medical Center in Columbus, US, said he was excited about the research’s potential for children. “Currently, when children suffer from an abnormal vessel, surgeons have no choice but to use ...

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Ncube mobilizes Zim exporters to shake up the status quo

Finance and Economic Development Minister Mthuli Ncube has urged exporters to look beyond the horizon in their quest for lucrative deals in foreign trade. The Treasury boss said each of Zimbabwe’s provinces are uniquely endowed with the ability to produce cutting-edge products that can tip the scales in Harare’s favor in international markets. Addressing the ZimTrade 2022 exporters conference in ...

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Canceling student loans was ‘hanging before us’: How 700,000 borrowers were left out of Biden’s plan

Washington CNN — Michael Christofield was thrilled when he found out he was entitled to $10,000 in student loan forgiveness under President Joe Biden’s new plan. Debt relief would help her pay off her loans when her kids go to college. “I would be able to help them in ways that my parents couldn’t help me,” he said. But before ...

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GNCoP calls for revised payment terms

The Chamber, which is the unified voice of pharmaceutical industry groups in Ghana, is made up of the Pharmaceutical Manufacturers Association of Ghana (PMAG), Pharmaceutical Importers and Wholesalers Association of Ghana (PIWA). Others are the Association of Representatives of the Ethical Pharmaceutical Industry (AREPI), the Association of Community Practice Pharmacies (CPPA), the Association of Over-the-Counter Drug Vendors, and the Association ...

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Power and Reliability Focused on Rural Areas – Inside INdiana Business

Brian Anderson is director of economic development for the Wabash Valley Power Authority. (courtesy of AgriNovus Indiana) The director of economic development for Indianapolis-based Wabash Valley Power Alliance says diversity in its power sources is critical to the power wholesaler’s reliability and predictability. Brian Anderson says these two factors help him promote Indiana to businesses that might want to locate ...

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LEGACY EDUCATION ALLIANCE, INC. : Creation of a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Arrangement of a Registrant (Form 8-K)

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under a Off-balance sheet arrangement of a registrant Between September 13, 2022 and October 3, 2022, Legacy Education Alliance, Inc. (the “Company”) has borrowed a total of $250,000 (collectively, the “Loan”) of ABCImpact I, LLCa Delaware with limited liability (the “Lender”), evidenced by one or more 10% convertible debentures ...

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Falling metal prices could be a boon for manufacturers

Going through AG Metal Miner Most metal prices have seen significant declines from price levels seen just a year ago. In fact, out conduct, all non-ferrous and ferrous metal prices appear to be significantly below the price levels seen in 2021. Most suppliers continue to remain chasing this decline, choosing to place the burden of cost reductions on purchases. That ...

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Dubai Chamber of Commerce rewards companies for outstanding business performance

Four Companies Recently Received Exporter of the Month Certificates for Declaring the Highest Export Value, Most Export Markets, and Most Certificates of Origin Dubai, United Arab Emirates – The Dubai Chamber of Commerce, one of three chambers operating under the umbrella of Dubai Chambers, recently awarded four companies for their outstanding business performance during the period May-August 2022 in the ...

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KlearNow expands into Spain to speed up customs clearance

By LoadstarEditorial 10/19/2022 PRESS RELEASE Santa Clara, California. – (October 18, 2022) – KlearNow, a pioneer in smart logistics as a service (LaaS), is expanding into Spain to help improve customs clearance processes in the country’s 15 major ports. Spain plays a vital role in managing the Mediterranean Sea trade that keeps Europe, Africa and the Middle East connected. The ...

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Analysis: World Cup could be a pre-Christmas nightmare for UK supermarkets

Food retailers under strong pressure from cost inflation The World Cup and Christmas usually provide sales bargains Coincident events complicate logistics, spending habits LONDON, Oct 19 (Reuters) – The Winter World Cup has added a new level of uncertainty to Britain’s supermarket Christmas business outlook: how to persuade cash-strapped shoppers to buy yule logs and fancy cookies with beer and ...

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Lendai expands financing opportunities for foreign real estate investors

Lendai is a fintech direct lender that uses an innovative loan origination platform that enables US investors to make overseas residential real estate investments. California – October 18, 2022 – Lendai is a fintech direct lender and Mortgage loan for foreign national which uses an innovative loan origination platform that enables US investors to make overseas residential real estate investments. ...

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MFG Day helps local students gain insight into manufacturing • Current Edition

More than 300 students got a taste of manufacturing on October 7 during MFG Day, which was designed to introduce related careers to the next generation of workers. MFG Day, an initiative of The Manufacturing Institute and supported by the National Manufacturers Association, took place on October 7 and brought 315 students to INDEX Corporation in Noblesville, where the students ...

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India is the biggest lemongrass exporter, says expert

From its biggest importer until just a few years ago, India has become the biggest exporter of lemongrass, a plant which is not only used as a flavoring in foods but also has multiple medicinal properties, said Professor Prabodh Kumar Trivedi, director of the Central Institute. of Medicinal and Aromatic Plants (CIMAP), Lucknow, Monday. Inaugurating a two-week Faculty Development Program ...

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NOTICE: Long-awaited Cannabis Act review leaves gaps for industry

Breadcrumb Links Canada Illustrated are legal cannabis products. While a review of the Cannabis Act is underway, there are elements missing from the review that will leave the sector facing challenges. Photo by Bryan Passifium /Toronto Sun Content of the article MICHELLE EATON and NATHAN LISON Advertisement 2 This ad has not loaded yet, but your article continues below. Content ...

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Tik and cocaine worth billions found in shipments of…

The discovery of cocaine and methamphetamine in shipments of apples, pears and oranges, exported from South Africa to India, marks one of the largest cocaine seizures in India. It also led investigators to uncover new methods of smuggling between the two countries. A fruit importer in India has been arrested in connection with investigations there. The company linked to the ...

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3 Twin Cities foundations are experimenting with radically different forms of philanthropic giving – Twin Cities

When the Venn Foundation funds access to extracurricular music lessons, medical technology research at the University of Minnesota, or traveling exhibits at the Minnesota Children’s Museum, it expects the money to be returned. The St. Paul-based charity lender specializes in issuing low-interest, interest-free loans, among other “programme-linked investments” or PRIs – below-market-rate financial obligations that are intended to continue to ...

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Soap makers buy NSW Mid North Coast tea tree farm to produce essential oils for skincare

A short drive from the lakes and beaches of the Great Lakes region of New South Wales lies a lush pocket of farmland. A 60-hectare property covered in 20-year-old native tea tree seedlings is among the farms in the area. For Allan and Jane Hutcherson, the purchase of this property fulfilled a long-held dream. “We have a contract manufacturing business…and ...

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Rail demurrage suffocates exporters and importers | The journalist

EDR denounces freight delays that cost operations dearly Exporters, importers and logistics companies are frustrated by the Ethio-Djibouti Railway’s (EDR) exorbitant demurrage charges for minor delays. As an alternative to rail transport, a significant number of companies are turning to trucking. Currently, the railway company penalizes 32,000 birr per car if it is delayed for nine hours at the port ...

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Support local producers and importers

A Rarotonga vendor with his produce on World Food Day last year. 21101520 Local produce will be celebrated in Constitution Park today with a range of vendors at the World Food Day event. The annual international event, celebrated by the food and agriculture branch of the United Nations, will be held from 9 a.m. to 2 p.m. Agriculture ministry ...

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A military forger is imprisoned | Manufacture.net

A Brooklyn clothing and merchandise wholesaler that sold counterfeit U.S. military uniforms and gear from China has received a prison sentence 40 months after pleading guilty three years ago to conspiracy to commit wire fraud and trafficking in counterfeit goods. The wholesaler, Ramin Kohanbash, had led the development, manufacture and import of uniforms and equipment for the US military from ...

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As inflation persists, homeowners are paying more attention to their home equity, but not taking advantage of it

According to TD Bank’s 2022 Home Equity Trend Watch survey, 47% of homeowners know the equity in their home, up from 32% in 2019. CHERRY HILL, NJ, October 13, 2022 /PRNewswire/ — A recent survey of TD Bank, America’s Most Convenient Bank® found that 87% of respondents indicated an increase in equity since buying their home, but far fewer plan ...

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TSMC Reduces Capital Expenditure on Tool Backlogs and Demand Issues; cautious about the outlook

Q3 profit of T$280.9 billion vs. T$265.64 billion, analysts say Third-quarter revenue up 36% year-on-year to $20.23 billion Fourth Quarter Revenue Increases 29% to $19.9 Billion to $20.7 Billion TAIPEI, Oct 13 (Reuters) – Taiwanese chipmaker TSMC (2330.TW) slashed its annual capital expenditure budget by at least 10% for 2022 and adopted a more cautious than usual rating on future ...

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U.S. oil refiners see gasoline and diesel exports threatened amid government price concerns

U.S. oil refiners that provide the bulk of the nation’s consumption of about 8.8 million barrels per day (bpd) of gasoline and nearly four million bpd of diesel, as well as shipments to areas outside foreigners who have become increasingly dependent on U.S.-made fuels, said in October 2022 they were concerned about an export ban. American Fuel and Petrochemical Manufacturers ...

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The Nigerian Customs Service has yet to make cargo scanners operational and is continuing with 100% physical examination

Despite the acquisition and deployment of scanners at the seaports of Apapa, Tin-Can Island, Lagos and Onne, Port Harcourt, by the federal government to expedite the inspection of cargoes and the rapid evacuation of cargoes from the seaport, the Nigeria Customs Service (NCS) is yet to make the equipment operational at the various points of entry into the country. Expectations ...

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Ukrainian food producers will have a dedicated shelf in UK supermarkets | New

Ukrainian food brands are in talks with major UK supermarkets to launch an initiative to support the war-ravaged country’s manufacturing sector. Ucare – a coalition of Ukrainian food producers, several government agencies and retail expert FoodTech Shelf – has confirmed that it is set to launch its “Ukrainian shelf” initiative with Asda. The organization was created to help foster relationships ...

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Broker forecast challenges, focusing on buy market

Flora said he was able to avoid the pitfalls that beset others amid market changes. Rather than reacting and trying to quickly pivot to other areas, he saw changes coming and prepared for the changes, he said. “To put it into perspective, in 2020 and 2021 we were about 90% refi because that’s what the market was like at the ...

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39 days in a row, Fisker Ocean Road Tour, new manufacturing targets and stock hit an all-time high

This week at Fisker has been slow as it appears to be the calm before the storm as the company announces new pop-up locations and crafting goals. Assembly of Fisker Ocean at Magna Steyr in GRaz, Austria. Today we are one more week closer to the official start of production on November 17th. That’s right, we are now 39 days ...

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Green light for Turkey as Israel remains red

An export vessel ready for loading livestock on board Irish cattle exporters have expressed confidence in shipments of Irish weaned bulls being exported to Turkey before the end of the year, a number of sources have confirmed to Agriland. Contracts for Irish Livestock have been received by Irish exporters to Turkish buyers and it is hoped that at least 4,000 ...

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Customs works to improve customs clearance mechanism

CARACHI: Customs member Mukarram Jah Ansari said the removal of prepayment of duties and taxes is in progress. Speaking to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Ansari said modules for the export facilitation program will be included in the WeBOC system within the next 15 days. Ansari informed the businessmen that “450 customs assessments are in ...

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People struggle like vegetable prices; cereals cross the roof at mandis

Noida, October 8: Soaring prices of basic necessities have dealt a severe blow to the public who are already struggling to recover from the repercussions of the Covid-induced lockdowns imposed in phases since the start of 2020. Whether it’s vegetables or food grains, prices have skyrocketed as soon as they leave the farms into the kitchen of the common man. ...

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5 questions when selecting a medtech contractor

Visiting the clean rooms and other spaces of a subcontractor will help you choose the right partner. [Photo courtesy of HS Design] Choosing a design or contract manufacturing partner is the start of a long two-way relationship. Tor Alden, HS Design Regardless of the type of medical product you design, at some point you will need to decide which design ...

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PHASEBIO PHARMACEUTICALS INC: Entering into a Material Definitive Agreement, Creating a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Holder (Form 8-K)

Section 1.01 Entering into a Material Definitive Agreement. As stated earlier, PhaseBio Pharmaceuticals, Inc. (the “Company”) entered into a loan and guarantee agreement, dated March 25, 2019 (as amended by this Consent and First Amendment to the Loan and Guarantee Agreement dated March 19, 2020the “Loan Agreement”), with Bank of Silicon Valley (“SVB”), as administrative agent and collateral agent, SVB, ...

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Why did exports fall for the first time in 14 months?

Star Activity Report Wed Oct 05 2022 07:31 PM Last updated on: Thu Oct 06 2022 04:09 PM Last month, Bangladesh’s export earnings fell to a 13-month low of $3.9 billion. Why? Experts say the slippage is not due to the country’s internal failure. Rather, the war in Ukraine and double-digit inflation in the eurozone are the culprits. For all ...

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Shipsy Launches Plug-and-Play Export-Import Logistics Management Platform for India’s Booming SMB Community of Manufacturers, Shippers and Freight Forwarders

Shipsy’s leading solution leverages integration with 64+ shipping lines, 300+ freight forwarders, a responsive network of 20,000+ global shippers, and 50+ 3PLs worldwide. It allows Indian exporters and importers to: Reduce cross-border logistics expenses Track container shipments in real time Plan shipments weeks in advance GURUGRAM, India, October 6, 2022 /PRNewswire/ — Vesselone of the world’s leading providers of intelligent ...

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Burke: State and local regulations are paving the way for a safer cannabis market | Columnists

The Vermont Senate passed Bill 164 in October 2020, which notably launched the Cannabis Control Commission. The legislature tasked the council with regulating the production and sale of cannabis in Vermont. This month marks an important milestone in the evolution of the legal cannabis market in Vermont. On October 1, Vermont joined a growing list of states, including neighboring Maine ...

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Slick Cash Loan offers fast online financial assistance across the United States

The Slick Cash Loan online financial service offers fast financial assistance to meet the urgent financial needs of people across the United States. Slick Cash Loan, the online financial service renowned for its quick and readily available financial solutions, helps people across the United States overcome their need for urgent cash up to $5,000. Smooth cash loan stands out for ...

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Optimism fades among major Japanese manufacturers

Business confidence fell among Japan’s biggest manufacturers for a third straight quarter, a closely watched survey showed yesterday, defying analysts’ expectations for a rise in sentiment. The Bank of Japan’s Tankan survey showed major manufacturers are far more optimistic than during the darkest days of the COVID-19 pandemic. However, inflation, including rising energy prices fueled by the war in Ukraine, ...

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Central Bank asks tea exporters to repatriate export proceeds within one month – Business News

CB says SL has no bridge funding planned for next few months until IMF program is finalized Says it is unfair that Lankan exporters continue to extend credit facilities for up to 180 days when letters of credit offered by local banks are declined Tea Board chief asks tea exporters to negotiate with ...

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Good news, bad news for the Malaysian economy

ANN/THE STAR – After persevering for two years against the pandemic, Malaysia’s economy appears to be making progress, particularly the tourism and export sectors which could capitalize on the weakening ringgit to rebound. Federation of Malaysian Manufacturers (Penang) chairman Datuk Lee Teong Li said exporters of electronics, machinery and equipment benefited from a weaker ringgit. “Compared to about three months ...

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Auction companies focus on battery health

“Anyone dealing with electric cars right now has a lot of battery questions, and making people feel comfortable with battery health is really important to selling them.” , said ADESA President John Hammer. Automotive News.Since adding the feature, ADESA has seen a 7-9% increase in conversion – when cars offered in auction channels actually sell – on vehicles with the ...

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