NEWS
company news
European Council cites penalties for failing to obey new eco fuel law
THE European Council has signed off on the FuelEU maritime initiative, a sweeping measure that introduces penalties for failing to use eco-fuels, reports Fort Lauderdale's Maritime Executive.The legislation is seen as a direct response to the lack of action by the UN's International Marit...
read more
India to give Vietnam warship as the two tighten defence ties
INDIA has said it will give a warship to Vietnam in the latest signal of tightening defence ties between the two countries that fear China's assertiveness, reports the Voice of America.The announcement that New Delhi will deliver the missile corvette INS Kirpan to the Vietnamese navy was made...
read more
Toyota consolidates China R&D to accelerate EV product output
JAPAN Toyota Motor will consolidate a portion of its electrified-vehicle research and development in China, aiming to accelerate product releases in a fast-changing market, reports Tokyo's Nikkei Asia.Toyota is renaming its largest Chinese R&D facility - the wholly owned Toyota Motor Engi...
read more