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The spokesperson did not give details of any damage. Saturday’s fire was the latest fire at a Tesla factory. There was a minor fire last month on the grounds of the Tesla factory in California. In August, Tesla said it expects to produce 50,000 to 55,000 Model 3 sedans in the third quarter and said it expects to turn a profit in the second half of this year. The company has been trying to iron out production bumps after struggling to produce Model 3’s and failing to meet several production deadlines.
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is considering shifting large volumes of assets from London to Frankfurt after the UK’s planned exit from the European Union next year to meet demands from European regulators, a person tom ford cufflinks close to the matter said on Sunday, Deutsche will also transform its UK arm into a ringfenced subsidiary after Brexit and reduce the size and complexity of its British operations, the source said, The Financial Times reported earlier on Sunday, citing people familiar with the thinking of the bank’s executives, that Deutsche could eventually move about three-quarters of its estimated 600 billion euros in capital back from London to its headquarters..
No final decision has been made on the size of the asset move, it added. Deutsche Bank and the ECB declined to comment. According to the Financial Times, one option being considered is to shrink the size of the London balance sheet so it ends up smaller than its U.S. holding company, which has roughly $145 billion of assets. Any large-scale transfer of assets would not happen overnight, but would take between three and five years or even longer, the paper reported, adding that setting up a ringfenced UK subsidiary would potentially cost Deutsche hundreds of millions of euros.
FRANKFURT (Reuters) - Germany’s transport minister is in talks with carmakers about how much money they should offer customers to exchange old diesel models for new cars, Frankfurter Allgemeine Zeitung reported, Andreas Scheuer was quoted as saying that German carmakers should offer owners of older diesel-fuelled cars attractive incentives to replace them, but added that no state money would be offered, “The government is not a car dealer,” he told the newspaper’s Monday edition, according to extracts of the tom ford cufflinks interview released by the newspaper on Sunday..
Germany’s existing or planned local environmental rules could see 1.3 million older diesel cars banned from several cities soon, Funke Mediengruppe reported on Sunday, citing government papers. While car owners should be given attractive incentives, retrofits should only be applied when they make technical and economic sense, Scheuer said. The car industry has lobbied against equipping old diesel models with extra emissions control technology because that could cost billions of euros. According to Scheuer, 3.1 million diesel cars with the Euro-4 emission standard and 3.5 million Euro-5 diesels cannot be retrofitted, adding that for other cars the fix would cost at least 3,000 euros ($3,488) each.
WASHINGTON (Reuters) - The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials, The U.S, had tom ford cufflinks proposed the talks, but at the same time moved forward with planning additional tariffs on some $200 billion of Chinese products, the Journal reported, The report quoted one senior Chinese official saying the country would not negotiate “with a gun pointed to its head.”..
BERLIN (Reuters) - Governments cannot completely prevent a repeat of events like the 2008 global financial crisis even though regulations have been tightened since the collapse of Lehman Brothers a decade ago, Germany’s top central banker told Bild newspaper. Bundesbank President Jen Weidmann said German banks were not only victims of the 2008 financial crisis, but many institutions had also taken on more risk than they could ultimately carry. Regulations had been tightened since then, but it would be “an illusion” to think that governments could completely avert such crises, he said.
NEW YORK (Reuters) - U.S, technology and consumer tom ford cufflinks discretionary stocks have been insulated from global trade tensions, but if another round of U.S, tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth, The United States and China have already imposed tariffs on $50 billion worth of each other’s goods, The White House has proposed tariffs on an additional $200 billion worth of Chinese imports, including furniture, handbags and some computer parts..