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India seeks threefold increase in coal stocks to prevent summer power shortages
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Indian companies report mixed second-quarter results on November 4
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Indus Towers expands solar-powered network to 50,000 telecom sites
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KKR secures Indian regulator approval for Gentari Renewables investment
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Equitas Small Finance Bank rebounds after naming interim chief executive
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Bharti Airtel revenue expected to grow at double-digit pace in second quarter
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Titan quarterly profit seen rising as jewellery business drives growth
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Indian crude-sensitive shares gain after 13% oil-price decline
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Kuwait finance minister holds economic cooperation talks at COMCEC
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Stocks and dollar fall as Democratic election gains reshape markets
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Kuwait marks key events and anniversaries from national history
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Qatar Tourism joins Pacific Asia Travel Association at London travel market
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Qatar media bodies discuss support for humanitarian initiatives
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Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
Tesla to recall Cybertruck over acceleration defect
Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week.
Tesla notified the National Highway Traffic Safety Administration on April 17 of the condition in which the accelerator pedal may become trapped on the Cybertruck, Elon Musk's futuristic take on the American pickup truck.
If the accelerator pedal becomes trapped, "the performance and operation of the pedal will be affected, which may increase the risk of a collision," Tesla said in the notice.
Tesla said it was not aware of any collisions or injuries related to the condition. The company will replace or rework the accelerator to address the issue, the company said.
Musk has championed the Cybertruck, declaring at a launch event last November that "Finally, the future will look like the future!"
But the vehicle's use of large flat plates of unbent stainless steel poses challenges in manufacturing. Musk has said it will take time to ramp up production, targeting 2025 as the year when output will reach 250,000 a year.
Earlier this week, Tesla announced it would lay off more than 10 percent of its global workforce as it contends with rising competition among electric vehicle producers and slowing demand growth in some markets.
C.Peyronnet--CPN