New Delhi: The Indian rupee sliding to a historic low of 81.09 to a dollar will make import of crude oil and other commodities expensive further fueling inflation which for the past several months has remained above the Reserve Bank’s upper tolerance level of 6 per cent. The pressure on the domestic currency, which is… Continue reading Weakening rupee to make import of crude oil, commodities expensive, fuel inflation
Tag: Possible_Terrorism_Warfare
China EV maker Leapmotor set to raise $800 million in Hong Kong IPO
Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 25 (Reuters) – Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter. While… Continue reading China EV maker Leapmotor set to raise $800 million in Hong Kong IPO
German FAZ: How Putin’s mobilization brings war to Russia004180
On the Old Arbat, one of Moscow’s most well-known pedestrian zones, there has been a photo exhibition for a long time: It’s called “The Children of the Donbass”. Black and white portrait photos show seriously looking children, short texts introduce them: Katja, ten years old, was in kindergarten when the war broke out and had… Continue reading German FAZ: How Putin’s mobilization brings war to Russia004180
Mazda in talks to end Russia production, following Toyota exit
TOKYO — Mazda is considering ending production in Russia as supply chain disruptions caused by the war in Ukraine make resuming operations increasingly difficult. Mazda produces vehicles at a joint venture with local carmaker Sollers in eastern Vladivostok under the so-called knockdown method, in which parts are sent for local assembly. Go to Source
GM invests in Canadian battery recycler to fight supply shortage
General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs. The automaker invested through its GM Ventures arm in a Series A financing round for Lithion Recycling, a developer of advanced battery… Continue reading GM invests in Canadian battery recycler to fight supply shortage
Family: Man killed in crash never got air bag recall notice
Fort Lauderdale, Fla. — When Florida Highway Patrol troopers arrived at a crash scene in the Panhandle this summer, they found a 23-year-old Navy officer dead at the wheel with neck wounds that initially looked like a possible shooting. A trooper later messaged the U.S. National Highway Traffic Safety Administration that injuries were from the… Continue reading Family: Man killed in crash never got air bag recall notice
German FAZ: In loyalty to Russia004169
According to the Chamber of Commerce Abroad, 3,651 German companies were in Russia by the beginning of the war. It is not known how many of them have left the Russian market to date. It is well known that a number of companies, including Volkswagen and Siemens, are turning their backs on Russia. Those who… Continue reading German FAZ: In loyalty to Russia004169
@Toyota: Good as Gold: TABC, the ‘Can Do’ Plant, Celebrates 50 Years of Success
In the beginning, it took flight thanks in large part to chickens. And in the future, it might well continue to soar thanks to the proliferation of electric vehicles. But, one way or another, there’s every reason to believe that TABC, Inc., which is celebrating its 50th year in operation as Toyota’s first North American… Continue reading @Toyota: Good as Gold: TABC, the ‘Can Do’ Plant, Celebrates 50 Years of Success
Toyota to exit Russia, terminating auto production and sales
NAGOYA, Japan — Toyota Motor on Friday announced an exit from automobile production and sales in Russia, citing difficulties supplying key materials and parts in the country amid the war in Ukraine. “It was a difficult decision,” Toyota Chief Communications Officer Jun Nagata told reporters online Friday. “We will liquidate our local unit in Russia instead of selling it.” Go… Continue reading Toyota to exit Russia, terminating auto production and sales
HOPIUM ENTSCHEIDET SICH FÜR DIE NORMANDIE ALS ERSTEN INDUSTRIESTANDORT
PARIS, 23. September 2022 /PRNewswire/ — Hopium, der erste französische Hersteller von hochwertigen wasserstoffbetriebenen Fahrzeugen, kündigt die Inbetriebnahme seines Industriestandorts in der Nähe von Vernon in der Normandie an. Diese strategische Entscheidung ist Teil der Ambition des Unternehmens, seine wasserstoffbetriebenen Limousinen in Frankreich zu entwickeln. Der 85 Hektar große Standort in der Gegend von Douains wird… Continue reading HOPIUM ENTSCHEIDET SICH FÜR DIE NORMANDIE ALS ERSTEN INDUSTRIESTANDORT