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HONG KONG: Chinese authorities have lifted a sales blockage on most apartments built by Kaisa Group Holdings Ltd, removing a key hurdle to the proposed sale of the troubled developer to larger peer Sunac China Holdings Ltd.
DETROIT: Tesla Motors Inc reported its first-ever quarterly profit on Wednesday, trouncing Wall Street estimates, as the 10-year-old automaker delivered nearly 5,000 Model S electric cars during the first three months of the year.
DETROIT (Reuters) - U.S. auto sales rose 2.3 percent in April, helped by strong gains at Toyota Motor Corp and Chrysler Group LLC, as American shoppers looked to replace their aging cars and trucks and the broader U.S. economy showed signs of strength.