HONG KONG -- GSR Capital, a Chinese private equity firm with backing from the Hubei provincial government, is nearing a deal to acquire control of a Nissan Motor Co. rechargeable battery unit for about $1 billion, according to people with knowledge of the matter.
JB
By:
Jonathan Browning and Lulu Yilun Chen
May 26, 2017 05:00 AM
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U.S. to reduce tariff rate on most U.K. vehicles to 10% as part of trade framework
A 10% levy will be placed on the first 100,000 British vehicles imported to the U.S. each year. The 10% tariff replaces the 25% levy vehicles have been subjected to since April 3.
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