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Tesla Wins Bid to Block Class Action Race Bias Lawsuit by Black Workers
California, Nov 17, 2025 – Tesla (TSLA.O) scored a legal victory after a California judge ruled that more than 6,000 Black workers at its Fremont assembly plant cannot pursue a class-action lawsuit over alleged racial harassment, reversing an earlier decision. Judge Cites Inability to Generalize Worker Experiences California Superior Court Judge Peter Borkon said the…
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Okoronkwo Frustrated at Missing CAF Women’s Player of the Year Finalists
Nigerian forward Esther Okoronkwo has expressed frustration after being left out of the final shortlist for CAF’s 2025 Women’s Player of the Year. Okoronkwo, 28, was initially named among a 10-player shortlist, but she did not make it to the final three, which included Rasheedat Ajibade and Moroccan duo Ghizlane Chebbak and Sanaa Mssoudy. The…
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XPeng Forecasts Slower Q4 Revenue Amid Intensifying China EV Price War
Shanghai, Nov 17, 2025 – Chinese electric vehicle (EV) maker XPeng (9868.HK) projected fourth-quarter revenue below market expectations, citing fierce competition and a prolonged price war in China, the world’s largest auto market. The announcement sent XPeng’s U.S.-listed shares down nearly 8% in early trading, despite the stock having more than doubled in value earlier…
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Electric Vehicle Sales Surge in South America — Led by Chinese Brands, Not Tesla
Montevideo/Lima/Chancay, Nov 17, 2025 – Electric vehicle (EV) sales are accelerating across South America, driven primarily by Chinese automakers rather than Tesla (TSLA.O), which still lacks official showrooms or import channels in most countries. Peruvian entrepreneur Luis Zwiebach experienced the difficulty firsthand in 2019 when he flew 4,000 miles to California to test-drive a Tesla…
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Honda to Gradually Resume Normal Production at North American Plants After Chip Shortages
Tokyo, November 18, 2025 – Honda Motor Co Ltd (7267.T) announced plans to gradually resume normal operations at its North American vehicle assembly plants starting Monday, signaling that production disruptions caused by a shortage of Nexperia chips are easing. The automaker, Japan’s second-largest, had temporarily halted output at its Mexico plant on October 28 and…
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Yobe Assembly Urged to Curb Revenue Leakages
The Executive Chairman of the Yobe State Internal Revenue Service (YSIRS), Alhaji Suleiman Bakura Jibrin, has called on the Yobe State House of Assembly to take action to curb revenue leakages by ensuring all revenue-generating agencies, including local governments, remit funds directly into the agency’s account. He made the appeal during YSIRS’ 2026 budget defence…
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Japan Weighs Options to Curb Yen Declines Amid Market Pressure
Tokyo, November 18, 2025 – Japanese authorities are under renewed pressure to address a weakening yen, which has fallen about 5% against the U.S. dollar since Prime Minister Sanae Takaichi won the ruling party’s leadership race on October 4. The yen was trading around 155 per dollar on Tuesday, stoking concerns over rising import costs…
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Lagos Bond Issuance Oversubscribed, Sets Record
Lagos State has set a new milestone with its latest bond issuance, attracting unprecedented interest from investors, according to Finance Commissioner Yomi Oluyomi. The state issued a N200 billion Conventional Bond alongside a N14.8 billion Green Bond, both of which saw demand far exceeding expectations. The Conventional Bond alone drew N308 billion in bids, representing…
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Deutsche Boerse to Integrate Societe Generale’s Stablecoins into Settlement Business
Paris/Frankfurt, November 18, 2025 – German stock exchange operator Deutsche Boerse (DB1Gn.DE) announced plans to integrate stablecoins issued by French banking giant Societe Generale (SOGN.PA) into its settlement and custody business, marking a major step toward mainstream adoption of blockchain-based financial assets. Societe Generale’s crypto division, SG-FORGE, has developed both dollar-backed and euro-backed public stablecoins,…
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Emir of Kano Cautions on Bandit Peace Deals
The Emir of Kano, Muhammadu Sanusi II, has urged caution in peace negotiations with bandits in Katsina State, warning that agreements should not allow armed groups to attack neighbouring states. Key points:
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