Author: World_Newz Mon

World NM: Fuel makers blast EU focus on electric vehicles amid energy crisis001803

A planned EU ban on the sale of internal combustion engine vehicles, expected to come into force in 2035, will create economic and social risks for Europe at a time of high geopolitical uncertainty, a coalition of fuel manufacturers has told European policymakers. The high cost of raw materials necessary for the production of batteries,… Continue reading World NM: Fuel makers blast EU focus on electric vehicles amid energy crisis001803

World NM: Russian troops down 12 UAVs, Su-24 plane, hit six command posts in Ukraine operation001802

MOSCOW, September 20. /TASS-DEFENSE/. Russian troops have hit six command posts, shot down a Sukhoi Su-24 plane and 12 unmanned aerial vehicles (UAVs) during the special military operation in Ukraine, Russian Defense Ministry Spokesman Lieutenant General Igor Konashenkov said. Precision strikes against temporary deployment sites of the 81st airmobile brigade and the 66th mechanized brigade… Continue reading World NM: Russian troops down 12 UAVs, Su-24 plane, hit six command posts in Ukraine operation001802

World NM: Chinese firm offers $1.5 billion to upgrade Pakistan Steel Mills001801

The largest Chinese Steel Company has offered $1.5 billion to purchase and upgrade Pakistan Steel Mills (PSM). Steel demand in Pakistan has reached seven million tons, the industry needs expansion and investment. After privatization, the steel mills’ production will reach one million tons in the first year, two million tons in the second year, and… Continue reading World NM: Chinese firm offers $1.5 billion to upgrade Pakistan Steel Mills001801

World NM: BYD triples profit after 300% sales jump001800

BYD, the Chinese carmaker that recently overtook Tesla as the world’s largest electric vehicle maker, more than tripled its first-half profit on the back of a 300% jump in sales. BYD achieved its first-half profit despite a strained automotive supply chain when citywide lockdowns in Shanghai and Changchun, the two major car-making bases in China,… Continue reading World NM: BYD triples profit after 300% sales jump001800

World NM: Moscow, Tehran working on Iranian minister’s visit to Russian capital, says embassy001798

MOSCOW, August 18. /TASS/. Moscow and Tehran are working on a visit by Iranian Industry, Mining, and Trade Minister Reza Fatemi Amin to Russia, the Iranian Embassy in Moscow wrote on its Telegram channel. “Iranian Ambassador to Moscow Kazem Jalali met with Russian Deputy Minister of Industry and Trade Albert Karimov to discuss how best… Continue reading World NM: Moscow, Tehran working on Iranian minister’s visit to Russian capital, says embassy001798

World NM: Bulgaria: These Bulgarian Electric Vehicles will be Among the Most Affordable on the World Market001797

The construction of the factory for electric cars in in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. The investor already has all permits for the construction activities, the main contractor of the project has been selected,… Continue reading World NM: Bulgaria: These Bulgarian Electric Vehicles will be Among the Most Affordable on the World Market001797

World NM: Up to 130 Ukrainian military eliminated in DPR, over 100 nationalists in Kharkov001796

MOSCOW, August 7./TASS/. The Russian Armed Forces struck a site in Artyomovsk (DPR), where units of a Ukrainian mechanized brigade are stationed, eliminating up to 130 troops, Defense Ministry Spokesman Igor Konashenkov reported on Sunday. “Up to 130 servicemen, as well as eight pieces of automotive vehicles and hardware were destroyed in a strike from… Continue reading World NM: Up to 130 Ukrainian military eliminated in DPR, over 100 nationalists in Kharkov001796

World NM: Bulgaria: Vestbee: VC Funding In CEE reached over €2B in the 2nd quarter of 2022001795

Vestbee, the leading platform for startups, VC funds, accelerators, and corporates in Central & Eastern Europe, has just published VC Funding In CEE Report – 2Q 2022. What’s interesting, the so-called ‘mega-rounds’ (worth over €100M) accounted for nearly 50% of total funding secured on the market. Dig deeper into the overview of VC funding, emerging… Continue reading World NM: Bulgaria: Vestbee: VC Funding In CEE reached over €2B in the 2nd quarter of 2022001795

World NM: How German industry plans to cut its gas consumption 01.08.2022001794

Ola Källenius exudes confidence in crisis. The automaker also plans to reduce its overall energy consumption and, if worst comes to worst, replace gas with oil. Going forward, the glass industry manufacturer will be able to heat its melting tanks at the Grossbreitenbach plant near the Bavarian border with light heating oil, instead of just… Continue reading World NM: How German industry plans to cut its gas consumption
01.08.2022001794