BLOOMBERG The first analyst to cover Aston Martin after the carmaker’s 2018 initial public offering has finally recommended buying the stock. Jefferies’ Philippe Houchois lifted his rating to buy from hold, saying the British company’s net debt has stabilised and a refocus on traditional “front engine” cars like the DB12 and Vantage should benefit sales. Houchois gave Aston Martin an …

BLOOMBERG Hyundai Motor Co is facing a pressure campaign from a coalition of labour groups and civil rights groups in Alabama and Georgia, the home of its new $5.5 billion electric vehicle assembly and battery complex. The coalition is asking Hyundai to negotiate a community benefits agreement that will “enshrine high-road commitments to workers and their communities in an enforceable …

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree calling the municipal councils in the Emirate of Sharjah to convene for the first ordinary session of the 19th annual term. The Decree stipulated that the municipal councils in the Emirate shall be called to convene for …