Valencia Plant to Host Ford Geely Electric Venture

(VALENCIA, SPAIN) – Ford and Chinese automaker Geely Auto have announced plans to jointly produce low and zero emission vehicles at Ford’s factory in Valencia. The partnership aims to revive Ford’s position in the European market as it faces intensifying competition from fast growing Chinese rivals. The joint venture, whichContinue Reading

IMF Disburses 690 Million Dollars to Kyiv After Review

(KYIV, UKRAINE) – Ukraine has received a second tranche of approximately 690 million US dollars from the International Monetary Fund under a new four year programme, Prime Minister Serhiy Koretskyi announced on Friday. In a statement posted on his Telegram channel, the prime minister confirmed that the funds had alreadyContinue Reading