Bloomberg Two officials of North Korea’s ruling party, including the sister of leader Kim Jong-un, criticised South Korea’s defense minister for comments about his country’s missile capabilities. The North Korean statements, issued through KCNA, claimed South Korean Defense Minister Suh Wook had spoken of a “preemptive” attack on its neighbour. Suh had talked about the country’s capacity to “accurately and ...

  Bloomberg British carmaker Lotus’s bid to move from bit player in the racy roadster market to mass relevancy rests on a 600-horsepower electric SUV. China’s Zhejiang Geely Holding Group Co, which in 2017 purchased a majority stake in the heritage brand, revealed the Lotus Eletre in London, where it was driven onstage by Formula 1 champion Jenson Button. The ...

  Bloomberg Ford Motor Co is boosting its electric-vehicle lineup with seven new models over the next two years across its passenger car and commercial van range to target sales of more than 600,000 battery-powered vehicles. The US carmaker is also doubling to $2 billion its planned investment at its key European production site in Cologne, Germany, to make electric ...