Ford recently issued a massive recall of 768,000 diesel vehicle owners
The Blue Oval has not yet said whether this new recall affects any vehicles in North America go through Brad Anderson 16 hours ago More than 164,000 of the affected models are located in Germany and were produced between 2014 and 2020. It is believed that small cracks in the particulate filter could cause a vehicle to fail an exhaust gas test. Ford plans to notify all affected owners by the end of the year and offer free filter replacements. Following news of a new recall, Ford has prepared an unwelcome holiday gift for more than 768,000 diesel vehicle owners around the world. We suspect Ford, which has been working hard to improve quality and reduce recalls, would prefer to end the calendar year on a more positive note than this. News of the recall first broke in Germany, where it has been confirmed that the recall affects 164,168 vehicles. These include the Ford EcoSport, Fiesta, Focus, B-Max, C-Max, Galaxy,…
Hong Kong: The Stock Exchange issued a new guidance letter emphasizing its
in short On November 26, 2024, the Stock Exchange of Hong Kong Limited (SEHK) issued a new guidance letter (GL120-24)1) (“Guidance letter") to inform the market of expectations regarding investigations into suspended issuers and the role of directors and the Independent Investigation Committee (IIC). According to the latest monthly long-term suspension status report published by the Exchange, as of November 29, 2024, there were 57 Main Board and eight GEM issuers have been suspended from trading for three months or more. About six years ago, the Exchange established a delisting framework that stipulates that issuers that fail to resume trading within a specified period (18 months for Main Board issuers and 12 months for GEM issuers) must be delisted. Therefore, issuers should act quickly to address all resumption conditions. Conditions for resumption typically include an independent investigation into irregularities identified in an audit of the issuer's financial performance. We have been regularly advising issuers and IICs on how best to…
The U.S. Department of Commerce’s Bureau of Industry and Security issued new guidance to combat Russian money transfer risks and
Recently, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) released New guidance Provide further assistance to exporters and the U.S. Department of Commerce’s Bureau of Industry and Security to combat third-party transfers to Russia. Specifically, BIS’s recent guidance outlines the various mechanisms it uses—in addition to its usual public screening lists (IE, The Unverified List, Entity List, Military End-User List, and Denied Persons List) — notify companies and universities of parties that present a risk of transfer to Russia. According to BIS, it has obtained information supporting the notifications described below from a variety of sources, including information from the export community, government data, news reports, and other open-source resources. Specific mechanisms BIS uses to prevent exporters from unknowingly exporting items to relevant parties include: 1. "Supplier List" Letter Identify parties that present diversion risks and are not on the public screening lists but have been determined by BIS to be exporting or facilitating transactions to destinations…
The U.S. Department of Commerce’s Bureau of Industry and Security issued new guidance to combat Russian money transfer risks and
The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) recently issued new guidance to exporters designed to further assist BIS in combating third-party transfers to Russia. Specifically, BIS’s recent guidance outlines the various mechanisms it uses—in addition to its usual public screening lists (IE, The Unverified List, Entity List, Military End-User List, and Denied Persons List) — notify companies and universities of parties that present a risk of transfer to Russia. According to BIS, it has obtained information supporting the notifications described below from a variety of sources, including information from the export community, government data, news reports, and other open-source resources. Specific mechanisms BIS uses to prevent exporters from unknowingly exporting items to relevant parties include: "Supplier List" Letter Identify parties that present diversion risks and are not on the public screening lists but have been determined by BIS to be exporting or facilitating transactions to destinations or end-users of concern. BIS may send “suppliers list” letters…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
