Adrian Mardell has been appointed as Chief Executive Officer (CEO) of Jaguar Land Rover (JLR), extending up to a term of three years. The company also appointed Richard Molyneux as the CFO. Tata Motors had announced its plans to build a $5.2 billion electric car battery factory in the U.K. which is expected to become one of Europe’s largest battery cell manufacturing sites.
Asian stocks extend rally on China, US sentiment: Markets wrap
Asian stocks continued to rise as China’s new stimulus measures and record highs in US benchmarks boosted market sentiment. The S&P 500 reached its 42nd