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20201 articles published since 08 Mar 2022

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Tesla's arrival accelerates Mexico 'nearshoring' boom
Tesla's arrival accelerates Mexico 'nearshoring' boom
Business and Economy

Governor Samuel Garcia is a man in a hurry, juggling his daughter's birth and Tesla's arrival in northern Mexico, which hopes to benefit from a new wave of foreign investment. In the decades since the maquiladoras arrived in northern Mexico, "there hasn't been a true technology transfer" that aided the country's industrial development, he said. st-dr/md

Riyadh Air, Saudia announce big Boeing 787 order
Riyadh Air, Saudia announce big Boeing 787 order
Business and Economy

Riyadh Air and Saudia will purchase 78 Boeing 787 Dreamliner planes under agreements announced Tuesday in a giant order that underlines Saudi Arabia's goal to remake itself as a global aviation hub. - Vision for Riyadh - Under the particulars, Riyadh Air agreed to purchase 39 Dreamliners, with options for 33 more jets, while Saudia will buy 39 Dreamliners with options for 10 more.

Big Tech's job-slashing wave
Big Tech's job-slashing wave
Business and Economy

Facebook owner Meta's announcement on Tuesday that it will shed 10,000 jobs over the next few months is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn. - Microsoft - On January 18, Microsoft announced it would lay off 10,000 employees in the coming months.

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