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AUTO NEWS: Continental to cut 5,000 jobs as combustion engine demand falls

  • Date: 21-11-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

FRANKFURT -- Continental will reduce its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, resulting in around 5,040 job losses by 2028.

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INVESTMENT: Amplats throws weight behind WPIC saying it has “proven its business case”

  • Date: 21-11-19
  • Category: INVESTMENT
  • Source: Mining MX

ANGLO American Platinum (Amplats) has thrown its weight behind the World Platinum Investment Council (WPIC), saying it and the remaining members would continue to invest in the organisation.

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MEDICAL DEMAND: Scientists use Pd catalysts to destroy cancerous cells from within

Using "Trojan horses" to combat cancer from within the tumour cells themselves without damaging healthy tissues is the aim of this new tool created by researchers from the University of Granada (UGR), the Institute of Nanoscience of Aragon (INA), the University of Zaragoza, and the Cancer Research UK Edinburgh Centre at the University of Edinburgh.

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HYDROGEN: Michelin and Faurecia form hydrogen joint venture

  • Date: 21-11-19
  • Category: HYDROGEN
  • Source: Just Auto

Tyremaker Michelin and Tier 1 supplier Faurecia have formed a joint venture using an existing company name, Symbio, combining their hydrogen fuel cell dedicated operations and aiming, they said, to be "a world leader in hydrogen mobility".

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AUTO SALES: VW sees mild growth for China auto market over next 3-4 years

  • Date: 21-11-19
  • Category: AUTO SALES
  • Source: Auto News

GUANGZHOU/SHANGHAI -- Volkswagen Group, the top foreign automaker in China, said on Thursday it expects the world's biggest passenger car market to stabilize next year with low growth levels likely for three to four years.

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ESKOM: Major new Eskom project planned for South Africa

  • Date: 21-11-19
  • Category: ESKOM
  • Source: Business Tech

Public Enterprises minister, Pravin Gordhan, says that government will soon sign off on a major new battery storage project.

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PLATINUM: Platinum market to run into 670k oz surplus as investment demand softens, says WPIC

  • Date: 21-11-19
  • Category: PLATINUM
  • Source: Mining MX

THE platinum market is expected to run into a 670,000 oz surplus in 2020 as record investment demand for the metal this year was unlikely to be repeated.

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ELECTRIC VEHICLES: Electric vehicle capitals: Showing the path to a mainstream market

This briefing assesses metropolitan area-level data on electric vehicle registrations and identifies the 25 largest electric vehicle markets, which together represent 42% of new passenger electric vehicle sales globally through 2018. To provide a blueprint for other governments, this briefing analyzes the incentives, charging infrastructure, and city promotion actions in these areas that are spurring electric vehicles into the mainstream.

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