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...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
...They are also increasingly penetrating markets for industrial automation, medical devices and electric vehicles....
...SK Hynix currently produces its HBM chips in South Korea....
...Inchcape warned last month that demand in its South Americas market this year was likely to be towards historic lows, as inflation and interest rates have continued to drag on household finances....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...Boeing is facing scrutiny from regulators and the US Department of Justice after a door panel blew out mid-flight on a 737 Max in January....
...But demand for air travel is booming in south and south-east Asia, regions less sensitive to US-China tensions, where budget carriers are expanding rapidly....
...The FAA’s temporary grounding applies to all Max 9 aircraft with a mid-cabin door plug installed in the fuselage....
...Now iron ore prices are plunging, down over tenth since mid February and by nearly a fifth this year....
...Shares in Boeing and supplier Spirit AeroSystems both tumbled on Monday as investors weighed up the financial fallout from last week’s mid-flight accident on an Alaska Airlines aircraft....
...Both Boeing and Spirit have been at the centre of a firestorm after a door plug on a Boeing 737 Max plane blew out mid-flight in January....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...Goldman Sachs sees this as a significant mistake and thinks that the shares of the three largest Korean management companies should be between 85 and 137 per cent higher than where they were in mid-March...
...The company was founded in 1921 by ironworker Shozaburo Shimano in the industrial city of Sakai, just south of Osaka....
...China’s steel exports rose 45 per cent in 2023, mostly going to south-east Asia and Europe. This increase could explain the boost to iron ore demand....
...industrial diversification policies in South Korea and China....
...Of the 470 public companies in the Fortune 500, 328 make their corporate home in the small, mid-Atlantic state best known for President Joe Biden and chemicals group DuPont, drawn in part to its stable and...
...In south-east Asia where Toyota has had a decades-long stronghold, BYD’s wide range of offerings is already proving a successful strategy in winning over market share....
...Danish media reported that the defence ministry was informed of the problems in mid-March, but that Poulsen himself did not learn about them until this week....
...However, they will need to expand their low-to-mid-end EV models.”...
...The UK actually ranks mid-table in a group of 10 large economies when comparing the ratio of plug-in vehicles on the road, including hybrids, to standard chargers....
...The increase in numbers of the mid-sized superyachts, which are usually 40m-80m, means there’s increased competition to get a permanent spot....
...The news, which was first reported by The Wall Street Journal, came as both companies are undergoing an audit by the US Federal Aviation Administration, following a mid-air blowout of a door panel on a 737...
...Spirit is a crucial industrial partner in the Northern Ireland Advanced Composites and Engineering Centre, a research lab located next door....
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