STORY HIGHLIGHTS


Company news

CNC
Added On January 12, 2018

Let's take a look at some company news now.
 
And up first, Apple says it will use a local company to run its iCloud services in China.
 
***APPLE'S ICLOUD IN CHINA TO BE RUN BY LOCAL COMPANY***
 
On Wednesday, Apple announced Chinese users of its iCloud service will soon be transferred to a local partner.
 
From Feb. 28, the photos, videos and files uploaded to the iCloud service in China will be handled by the local firm: Guizhou-Cloud Big Data.
 
Apple will start informing its Chinese iCloud users from Wednesday, with data transferred and uploaded to the new data base automatically.
 
The company said the move aims to increase transparency and offer Chinese customers a safer and more fluent experience.
 
Other major technology companies, including Amazon and Microsoft, have also made similar deals to run data centers in China.
 
***FORD SUED FOR EMISSIONS CHEATING IN DIESEL TRUCKS***
 
After German automaker Volkswagen's Dieselgate scandal, American auto giant Ford Motor has been accused of emissions cheating in a bid to promote its diesel engine trucks.
 
A class action lawsuit was filed on Wednesday in Detroit, claiming Ford and German auto supplier Bosch knowingly installed emissions-cheating software devices on the Ford 250 and 350 Super Duty diesel pickup trucks.
 
According to Hagens Berman law firm, drivers paid 8,400 U.S. dollars more than the gasoline edition for higher fuel efficiency. Yet the modified trucks pollute the air with nitrogen oxide at up to 50 times of legal limits.
 
Hagens Berman is suing Ford and Bosch with a total 58 counts of violations of state consumer laws, false advertising laws, deceptive trade laws as well as the Racketeer Influenced and Corrupt Organizations Act. 
 
It adds that "Ford did not act alone," but colluded with Bosch in an organized scheme to evade emissions requirements.
 
Neither Ford nor Bosch has reacted to the accusations.
 
***RYANAIR VOWS TO BE EUROPE'S LARGEST AIRLINE AGAIN***
 
Ryanair has vowed to retake its crown as Europe's largest airline in the next year.
 
The promise comes after a report showed that Germany's Lufthansa had toppled Ryanair by carrying a total of 130 million passengers in 2017.
 
Ryanair last year carried around a million less.
 
Lufthansa has seen a surge in passenger numbers this year, following a takeover of Brussels Airlines at the end of 2016 and the collapse of Germany's second largest carrier Air Berlin in late 2017.
 
Meanwhile Ryanair struggled this year, after a pilot rostering issue in the Autumn forced the airline to cancel nearly 20,000 flights.
 
***VOLKSWAGEN RECALLS CARS IN CHINA OVER AIR BAGS***
 
Volkswagen is recalling more than 500 vehicles in China over defective air bags.
 
According to the country's quality watchdog, the recall starts from Jan. 31, including domestically produced Audi Q3 manufactured between Nov. 7 and Dec. 3, 2016, and imported Sharan models produced between Sept. 13 and Sept. 28, 2016.
 
The watchdog said "the defective air bags in those cars may reduce protection for users and pose potential safety risks."
 
The company will replace the faulty parts free of charge.
 
***AIRBUS TO INCREASE A320 PRODUCTION IN CHINA***
 
European aviation giant Airbus has signed a framework agreement with its Chinese partners to boost production at its Tianjin assembly plant.
 
Airbus says it aims to produce five of its popular A320 jets a month at the Tianjin final assembly line by early 2019. The firm then aims to reach six jets a month by early 2020.
 
The news follows a new Memorandum of Understanding signed between Airbus and the National Development and Reform Commission of China on Tuesday.
 
Both sides promised to strengthen industrial cooperation with technical innovation, engineering capabilities and supply chain expansion.