News
EMISSIONS: CO2 emissions from new passenger cars in the European Union: Car manufacturers’ performance in 2018
- Date: 08-08-19
- Category: EMISSIONS
- Source: ICCT
This briefing provides an overview of CO2 emission levels of new passenger cars in the European Union in 2018 based on a preliminary dataset recently released by the European Environment Agency (EEA). The dataset showed that new cars sold in the EU in 2018 had average CO2 emissions of 121 g CO2/km, 2g/km higher than in 2017.
View full storyJEWELLERY: Tiffany Partners With Asia's Richest Man to Open India Stores
- Date: 08-08-19
- Category: JEWELLERY
- Source: Bloomberg
Iconic American jeweler Tiffany & Co. is partnering with Mukesh Ambani’s conglomerate to gain a foothold in the lucrative Indian market.
View full storyESKOM: Zimbabwe begins weekly R13 million payments to Eskom
- Date: 07-08-19
- Category: ESKOM
- Source: The South African
The Zimbabwe government has moved to fulfill its promise to the country to ease the power crisis by revealing it has begun a weekly R13 million payment to Eskom in exchange for 400 megawatts (MW) of energy.
View full storyESKOM: Eskom Wants South Africa to Take Over Majority of its Debt
- Date: 07-08-19
- Category: ESKOM
- Source: Bloomberg
Eskom Holdings SOC Ltd. has told bondholders that it wants the majority of its 440 billion rand ($29 billion) of debt transferred to the South African government.
View full storyPGM PRODUCERS: RBPlat faces 25% wage hike after posting a hefty R164 million net loss
- Date: 07-08-19
- Category: PGM PRODUCERS
- Source: IOL
JOHANNESBURG – Royal Bafokeng Platinum (RBPlat), which posted a hefty R164 million net loss in the six months to June on teething problems at its Styldrift mine, is facing a 25 percent wage hike demand from the National Union of Mineworkers (NUM).
View full storyAUTO PRODUCTION: Continental to Eliminate Jobs, Cut Costs in Shift to E-Cars
- Date: 07-08-19
- Category: AUTO PRODUCTION
- Source: Bloomberg
Continental AG plans to eliminate jobs and may sell some combustion-engine component businesses, deepening an overhaul at the German automotive supplier caught up in the disruptive industry shift to battery-powered vehicles.
View full storyAUTO PRODUCTION: Tens of thousands losing jobs as India's auto crisis deepens
- Date: 07-08-19
- Category: AUTO PRODUCTION
- Source: Reuters
NEW DELHI (Reuters) - Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said.
View full storySOUTH AFRICA: It’s a done deal, Sibanye tells mining communities challenging R5bn Lonmin merger
- Date: 05-08-19
- Category: SOUTH AFRICA
- Source: Daily Maverick
Sibanye-Stillwater is opposing a Constitutional Court application launched by six mining communities to have the company’s merger with Lonmin reversed. The mining communities said they were excluded from merger talks. However, Sibanye-Stillwater said the merger is ‘practically impossible’ to reverse as it has been implemented.
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