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2025-05-26 13:33:54| The Economic Times

Volvo Cars will reduce its workforce by 3,000. This decision comes as the company faces high costs. Electric vehicle demand has slowed down. Trade tariffs are creating uncertainty. The job cuts will mainly affect office-based roles in Sweden. The company aims to cut costs by 18 billion Swedish crowns. Hakan Samuelsson says the industry faces a challenging period.

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2025-05-26 11:00:08| Chicago Tribune news - Business

On May 26, 1927, the Ford Model T officially ended production as Henry Ford and his son Edsel drove the 15 millionth Model T off the Ford assembly line in Highland Park, Michigan.

Category: News and Media

2025-05-26 10:58:20| The Economic Times

UBS remains optimistic about gold, anticipating diversification to drive prices higher, with potential for reallocation from US assets. Despite a recent price dip, strong support is expected, fueled by broad demand and limited supply. Credit rating cuts for the US could further boost gold prices, though portfolio allocation strategies depend on individual factors.

Category: News and Media

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