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COMMENT: What China's possible steel export rebate cuts mean for businesses around the world

A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether. ....

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Worker dies in accident at IIT Madras campus


Worker dies in accident at IIT Madras campus
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A 23-year-old worker died after a marble slab accidentally fell on him from a lorry at the Indian Institute of Technology, Madras (IIT-M) campus.
Police said the accident took place on Monday evening. The deceased has been identified as V. Vijay, 23 from Nallur, Kancheepuram district and he was a load man working with a marble company in Maduravoyal. Accompanied by a driver, he came in a lorry to deliver marble slabs for ongoing construction work at the campus. While he was standing behind the vehicle, the driver suddenly reversed and in the impact, the marble slabs on the truck slid and fell on Vijay and crushed him. He was grievously injured and taken to a hospital where he was declared brought dead. ....

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Kia Partners With S.lab Asia For Pilot Last-Mile Delivery Service In Singapore


Kia Partners With S.lab Asia For Pilot Last-Mile Delivery Service In Singapore
Kia will gain core PBV project competencies and experiences, including: developing EV-based PBVs that are optimized for last-mile delivery
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DongSoo Ahn, VP & Head of the PBV Business, Kia, and Suah Lee, CEO, S.lab Asia Inc., at the MOU-signing
Highlights
The modified Niro EV will be used for ease of unloading and uploading
Kia will also collaborate with S.lab Asia to further develop PBV business
Kia has begun to lay the groundwork for its Purpose Built Vehicle (PBV) business, partnering with cold chain startup S.lab Asia Inc. to break into Singapore s last-mile delivery market. On January 28, the two companies signed a memorandum of understanding aimed at launching a pilot project in Singapore using the Niro EV and evaluating the potential for a future PBV-based business model. ....

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