Sunday 13 July 2014
 
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SEC signs $3.2 billion contract with Hyundai

Saudi Electricity Company (SEC) signed a contract with South Korea's Hyundai Heavy Industries (HHI) to build a 12.2 billion Saudi riyals ($3.4 billion) power plant in Shuqaiq, it said on Sunday. HHI will install four steam gen

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Toyota steps up push on hybrids

Toyota Motor is ramping up its push on gasoline-electric hybrids, launching a new model in Japan and taking on up-and-coming competitor Hyundai Motor in its Korean home market with its flagship Prius. Toyota said on Tuesday it aims to sell

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