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Hyundai, Renault Nissan plants facing COVID-19 related shutdowns


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Customers expecting deliveries for new Hyundai cars and SUVs and Renault Nissan products could face delays in getting their new vehicle home, as all three brands face COVID-19 related issues at their plants in Tamil Nadu.
Hyundai India plant to shut down from May 25 to May 29, 2021
Renault-Nissan workers to go on strike from May 26, 2021
Tamil Nadu is one of the worst impacted states in India currently
Hyundai plant shutdowns: May 2021
Hyundai Motor India is temporarily suspending plant operations for a five-day period, starting  today, May 25 through to May 29, 2021. Amidst the growing COVID-19 crisis in Tamil Nadu, Hyundai Motor India and Renault-Nissan India are facing temporary factory closures in Chennai due to unrest amongst their workforces. While the state government has allowed automakers to continue manufacturing after following safety protocols, according to the workers, it is un ....

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Airlines flying around Belarus face delays, higher fuel burn


Belarus may have become increasingly isolated with every year that dictator Alexander Lukashenko clings to power. But the country has remained an important fly-over territory for airliners, particularly since parts of neighboring Ukraine were deemed unsafe to traverse in the wake of the 2014 downing of a Malaysian Airlines aircraft.
Many airlines are flying over Latvia instead of Belarus after the interception of a Ryanair jet on May 23. (Photo/Ryanair)
About 400 flights a day use Belarus airspace, including about 300 that pass over without landing, according to Eurocontrol, which is responsible for managing Europe’s airspace. Now European airlines have begun skirting around Belarus at the directive of European Union leaders. ....

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Inordinate delays


Mon, 05, 21
Energy is one of the key components of the programme being implemented under the China-Pakistan Economic Corridor (CPEC) framework. In the first phase of materialisation ie from 2015 to 2020, the portfolio of power generation consists of 19 projects of cumulative installed capacity of about 12,000MW, which works out to nearly half of the size of Pakistan’s installed power generating capacity in July 2015 from all type of energy resources. These projects include 4,260MW thermal power plants based on imported coal, 3,960MW power projects utilising the indigenous Thar coal, and 3,391MW hydropower projects, besides small capacity windfarms (298MW) and solar energy (100MW). ....

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U.S. delays trading ban on Chinese-military linked securitie


U.S. delays trading ban on Chinese-military linked securities
Reuters | May 18, 2021 09:02 PM EDT
U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S. (Photo : REUTERS/Jonathan Ernst)
The Biden administration on Tuesday gave investors two extra weeks to buy or sell securities in certain companies it deems are tied to the Chinese military, an extension it said was needed to craft a stronger policy to prohibit such trades.
President Joe Biden s administration has been reviewing a number of aspects of U.S.-China policy, including a ban imposed under his predecessor Donald Trump on investments in certain Chinese companies that the United States says are linked to China s armed forces and intelligence agencies. ....

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