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China car sales plunge to fresh depths in Jan

Bloomberg Car sales in China fell to fresh lows in January as the coronavirus kept buyers away from showrooms, intensifying the gloom hanging over the industry. Retail car sales fell 22% to 1.71 million units, the biggest-ever drop for the month of January, the China Passenger Car Association said. The group predicted a worsening outlook, saying February sales may drop ...

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Ukraine sees chance for peace as Putin sidelines hawkish envoy

Bloomberg Ukrainian President Volodymyr Zelenskiy said he’s committed to ending the conflict with Russia, after the appointment of a new Kremlin envoy signalled a possible opening for peace efforts. “On the first day of my presidency, I said openly: we didn’t start this war, but we have to end it,” Zelenskiy, elected in a landslide election last year on a ...

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US condemns detention of Juan Guaido’s uncle

Bloomberg Venezuela’s detention of opposition leader Juan Guaido’s uncle is based on “preposterous charges” and another sign of the “increasing desperation” of Nicolas Maduro’s regime, the US Department of State said in a statement. “The United States strongly condemns the detention of Juan Jose Marquez, uncle of interim President Juan Guaido, and demands his immediate release,” the State Department said. ...

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