[ad_1] Philip Georgiadis 2020-2-7 11:26:49 Battery maker Umicore CEO warns on impact to China EV market Henry Sanderson reports: Belgian battery materials maker Umicore has warned that the coronavirus will “amplify” an economic slowdown in China and hit the electric car market. Marc Grynberg told the Financial Times: There is a distinct risk … China is the largest EV market in the world … A larger chunk of that supply chain may be affected by the coronavirus. But it’s too early to tell if the effect will be protracted or material. Europe’s largest cobalt refiner said it did not expect EV sales in China to “show a material degree of…

[ad_1] Myles McCormick 2020-2-5 11:09:35 Airbus forced to extend closure of Tianjin A320 assembly plant Airbus said an A320 assembly line in Tianjin remained closed after the end of the Chinese New Year break, in the latest blow to the aviation industry from the continuing coronavirus outbreak. In a statement on Wednesday, the aerospace group said that restrictions on travel in China and beyond were “posing some logistical challenges”. It said its Tianjin final assembly line – where it builds its A320 narrow-body aircraft – was “currently closed” without giving further details on when it would be reopened. Airbus is constantly evaluating the situation and monitoring any potential knock on…

[ad_1] Turkey’s president Recep Tayyip Erdogan has warned Russia not to “stand in the way” as it seeks to retaliate for the killing of four Turkish troopers by Syrian federal government forces in the restive province of Idlib. Mr Erdogan reported that the Turkish military had presently launched a series of counter-assaults soon after the “heavy shelling” on its forces on Monday, which also remaining 9 soldiers wounded. Turkish jets had struck dozens of targets in the north-western Syrian province, and that concerning 30 and 35 fighters for the Syrian routine had been “neutralised”, he mentioned. The assault has extra to tensions amongst Moscow, which backs the Syrian regime, and…

[ad_1] Australia has followed the US and introduced it will bar entry to overseas nationals who have a short while ago travelled to China as the number of people contaminated by coronavirus and the loss of life toll keep on to mount.  “For any individual other than Australian citizens, Australian inhabitants, dependants, lawful guardians or spouses, then you’ll not be permitted entry into Australia,” prime minister Scott Morrison reported on Saturday. Australians and those other individuals who did meet the requirements for entry would even now be necessary to self-isolate for 14 days if they experienced come from mainland China any time following February 1. The final decision could have…