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Russia fines Apple and Zoom for alleged data storage violation

U.S. tech giant Apple (AAPL.O)and Zoom Video Communications (ZM.O) were fined on Tuesday for allegedly refusing to store the data of Russian citizens on Russian territory. Moscow has clashed with

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Global airlines chief slams new Heathrow restrictions

The head of a body representing global airlines hit out at new restrictions at London’s Heathrow on Tuesday, saying the airport had under-estimated the speed of the recovery and was

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VW of America teams with Redwood on EV battery recycling

Volkswagen Group of America (VOWG_p.DE) is teaming with Nevada startup Redwood Materials to recycle batteries from VW and Audi electric vehicles in the United States, the companies said on Tuesday.

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Aeromexico shares drop after airline announces buyback plan

Shares in Mexican airline Aeromexico (AEROMEX.MX) fell more than 5% after the market open Tuesday after the company said it had requested permission from the country’s securities regulator to initiate

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PepsiCo says snacks, sodas could get pricier after scant consumer pushback

PepsiCo Inc (PEP.O) raised its full-year revenue forecast on Tuesday and said it could increase prices further in the coming months, with the beverage giant seeing little impact on demand

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Renault first-half sales volume slumps 30% after Russia exit

Car sales at Renault (RENA.PA) fell 30% in the first half of 2022 after the closure of its Russian operations, it said on Tuesday, one of the first Western carmakers

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U.S., Japan agree to tackle currency, economic impact of Ukraine war

U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to work together to tackle rising prices of food and energy, as well as volatility in

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