BLOOMBERG Hyundai Motor Co recruited female technicians for automobile manufacturing in South Korea for the first time, following union pressure to improve gender equality. The world’s third-largest automaker hired six women out of 200 new technicians, the first time it allowed females to apply for the position since the company started in 1967, according to a statement from Korea Metal ...

BLOOMBERG France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co to set up a new combustion engine and hybrid powertrain company. The move follows a letter of intent signed between the three parties in March as the joint venture seeks to pool resources to work on hybrid technology and synthetic fuels to ...

BLOOMBERG Tata Group, India’s largest conglomerate, is close to an agreement to acquire an Apple Inc supplier’s factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to people familiar with the matter. A takeover of the Wistron Corp factory in southern Karnataka state, potentially valued at more than $600 ...