March2020
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Hyundai Motor reported its lowest monthly global sales in a decade
Mar 2, 2020Hyundai Motor reported its lowest monthly global sales in a decade in February as the coronavirus outbreak hurt demand, in what is the first major indicator of damage to the broader auto sector from the epidemic.... -
Nokia to appoint Pekka Lundmark as CEO to replace Rajeev Suri
Mar 2, 2020Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is the current CEO of energy group Fortum, Nokia said on... -
Jeju Air to acquire a 51% stake in competitor Eastar Jet
Mar 2, 2020South Korean budget carrier Jeju Air Co Ltd said on Monday it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced. The acquisition is... -
Young people from minority ethnic backgrounds at greater risk of being in unstable employment
Mar 2, 2020Young people from Black, Asian and other minority ethnic backgrounds are at greater risk of being in unstable employment, according to research. The group is 47% more likely to to be on a zero-hours contract, a... -
Pete Buttigieg is ending campaign for the White House
Mar 2, 2020Pete Buttigieg, the former Indiana mayor who made an ambitious run for president, has announced he is ending his campaign for the White House. The 38-year-old became the first openly gay presidential candidate from a major... -
Speed limit of 20mph imposed on all roads in central London
Mar 2, 2020A speed limit of 20mph has been imposed on all central London roads managed by Transport for London (TfL) in a bid to reduce road deaths. All TfL roads within the Congestion Charging Zone (CCZ) are... -
Share prices in Asia rose after Japan’s central bank promised to help protect markets from the impact of the coronavirus
Mar 2, 2020Share prices in Asia have risen after Japan’s central bank promised to help protect markets from the impact of the coronavirus. It comes after data showed Chinese factory activity fell in February at the fastest rate... -
Hyundai’s hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland
Mar 2, 2020Hyundai’s hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low carbon world. Invented nearly two... -
Toyota plans to build a new electric vehicle plant in Tianjin with FAW Group
Mar 2, 2020Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed. The joint venture between Toyota and... -
Samsung started building a $220 million R&D centre in Vietnam
Mar 2, 2020Samsung Electronics has started building a $220 million research and development centre in Vietnam, the South Korean tech giant’s local unit said on Monday. Construction of the centre in Hanoi will be completed by the end...