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Author Articles
Goldman Sachs, Morgan Stanley To Lead Intel's Mobileye IPO
The amount to be raised in the IPO could not be learned and the sources requested anonymity because details of the IPO preparations are confidential.
India Keen To Boost Oil Imports From Brazil - Report
India is looking to import oil from Brazil under special long term contracts
Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction
About 54,000 cars with the engine have been sold in Japan since October 2020 and are for the market only, the spokesperson said, declining to comment on the number of cars affected by the shipment suspension.
World Ducati Week 2022 Dates Announced
The eleventh edition of World Ducati Week will be held from July 22-24, 2022 at the Misano World Circuit Marco Simoncelli in Italy.
EV Battery Maker Italvolt's CEO To Launch Company For Building Gigafactory
The United States is among many countries encouraging indigenous production of batteries and its materials in a bid to simplify supply chains for the booming EV industry.
India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
Oil Slumps 4% As Shanghai Lockdowns Stoke Demand Fears
Brent futures fell $4.33, or 4.1%, while U.S. West Texas Intermediate (WTI) crude fell 3.5%.
German-Funded Consortium To Develop 'Battery Passport' For Europe
A European Commission proposal due to be discussed later this year states that rechargeable electric vehicles, light transport and industrial batteries sold in Europe must disclose their carbon footprint from 2024 and comply with a CO2 emissions limit from 2027.
Biden Administration, Auto Leaders Want 'Seamless' EV Charging Station Use
Notable auto heads present included Ford CEO Jim Farley, Stellantis CEO Carlos Tavares, Lucid CEO Peter Rawlinson, Tesla Inc CEO Elon Musk and General Motors CEO Mary Barra
Logistics Giants Hedge Their Bets In Uncertain U.S. Self-Driving Truck Race
Large logistics companies are in no rush to sign big contracts and continue to test the technology of multiple providers in limited partnerships.
Mercedes-AMG C-Class Teased Ahead Of Debut
The teaser likely previews the 43 or 53 series variant of the AMG C-class
Stellantis CEO Upbeat On U.S. As Shareholders Vote Against Pay Package
The company reported an above-target adjusted operating profit margin of 11.8% last year, with a record 16.3% in North America
With Twitter In His Sights, Musk Creates New Model Of 21st Century Billionaire
Musk has a $273.6 billion fortune estimated by Forbes that makes him the wealthiest person in the world
Argentina Grains Truckers And Government Set Virtual Meeting To End Strike
Argentina's truckers and government officials agreed on Thursday to have a virtual meeting in order to reach an agreement to end a protest by truck owners demanding higher freight rates.
Analysis: Soaring Battery Costs Fail To Cool Electric Vehicle Sales
Global EV sales in the first quarter jumped nearly 120%, according to estimates
Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
Oil Edges Higher On Concerns Over Russia, Libya Supply Disruption
Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.
Oil Steadies After Sharp Fall; Focus On China Growth
Oil prices bounced as worries over China's fuel demand were soothed by the central bank's pledge to support an economy hit by renewed COVID-19 curbs.
U.S. Reviews LG Energy Solution Batteries To Ensure Adequate Recalls
The auto safety agency noted Mercedes-Benz, Chrysler-parent Stellantis, General Motors and Hyundai Motor have issued recalls since 2020 due to internal failures in high-voltage vehicle batteries that pose fire risks. Batteries produced by LG Energy Solution.
Mercedes-Benz Accelerates In-House Software Push With New Tech Centre
Mercedes-Benz is planning around 750 of the 3,000 new hires globally to develop the operating system were hired in Sindelfingen, working on features from in-vehicle entertainment to autonomous driving.
