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Nissan, Renault and Mitsubishi introduced on Thursday that they would band together to make substantial new investments in electrical vehicles as they seek to leverage their typically fractious alliance to compete in the global market for battery-powered automobiles. Inflation-adjusted gross home product has rebounded sharply for the reason that early months of the crisis, but has yet to return to its prepandemic trend. That might not appear too stunning; companies have mostly reopened, however the pandemic remains to be restraining daily activities, no less than for many people. Import prices were 10.four p.c higher in December than a yr earlier, in accordance with the Labor Department.

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