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Soros buys stake in ‘Tesla killer’ startup

Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian, according to securities filings released on Friday. The shares were worth roughly $2 billion at the time of purchase, making Soros Fund Management one of the firm’s largest investors. Rivian, which is 20% owned by e-commerce …

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‘With lives at stake, politics must be forgotten’: Sputnik V sponsor warns demonizing Russian vaccine distracts from saving people

“We are strongly against the politicization of the vaccine,” said Dmitriev, adding that when it comes to health and the very life of many people, “one should forget about politics or any attempts to ‘contain’ Russia.” In its international dealings related to Russia’s pioneering Sputnik V Covid-19 vaccine, RDIF is simply …

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Posts: Saab Owner NEVS, the Chinese bought a stake in Koenigsegg

Koenigsegg will be able to take advantage of opportunities and capacities NEVS in Sweden. If you remember, went bankrupt a few years ago, Saab was bought out by Chinese NEVS, National Electric Vehicle Sweden. At that time, NEVS President Mattias Berman said that “highly upgraded” version of the 9-3 produced …

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Volkswagen plans to buy a stake in the GAZ group

The company agree to even a minority stake. German automaker Volkswagen is in talks to buy a stake in the largest Russian manufacturer of light commercial vehicles GAZ Group. This was reported by sources familiar with the negotiations. As noted, about the negotiations told the newspaper six sources in the …

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