About Reuters
Articles of Reuters
U.S. Shares Rally While Oil Climbs, Dollar Dips
Wall Street equity indexes closed higher as some investors bet that August data would show easing U.S. inflation while others were encouraged by news that Ukraine had made progress against Russia in a war that has hurt the global economy.
Read More →
Taiwan's ProLogium Seeks European Site For $8bln Battery Plant
Taiwanese battery maker ProLogium Technology Co has shortlisted four European countries - France, Germany, Poland and the United Kingdom - for an $8 billion solid-state lithium battery plant, consulting firm Accuracy said.
Read More →
Israel's StoreDot Moves Closer To 2024 Production Of Fast-Charge Batteries
Israeli startup StoreDot has shipped production-ready samples of its fast-charge electric vehicle battery cells to strategic partners and potential customers as it moves closer to a planned 2024 production date, the company said.
Read More →
Indian Shares Fall As Autos Skid
Indian shares ended lower, dragged by auto stocks, while a weaker broader market weighed on sentiment.
Read More →
Auto Parts Supplier Aptiv To Acquire 85% Of Intercable Unit In EV Tech Push
Auto parts supplier Aptiv Plc said it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).
Read More →
Vedanta Sees No Funding Problems For Indian Chip JV With Foxconn
India's Vedanta does not see any funding problems for a $19.5 billion semiconductor venture with Taiwan's Foxconn, its chairman told CNBC-TV18, adding he hoped the project would foster local electronics clusters.
Read More →Vedanta, Foxconn JV Pick Gujarat For Setting Up $20 Billion India Semiconductor Foray - Sources
Vedanta Ltd has selected Indian Prime Minister Narendra Modi's home state of Gujarat for its semiconductor project, two sources told Reuters, the first major step in its $20 billion joint venture with Taiwan's Foxconn.
Read More →
Oil Up Nearly 3% As OPEC+ Agrees To Small Oil Output Cut
Oil prices rose about 3%, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to bolster prices.
Read More →
Musk Can Use Whistleblower Claims, But Judge Won't Delay Twitter Trial
Elon Musk's can use a whistleblower's claims in his legal case against Twitter Inc but the billionaire cannot delay the trial over his attempt to walk away from his $44 billion deal for the company, a judge ruled.
Read More →
Inside Tesla's Drive To Keep Musk's Battery Promise
The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology.
Read More →
Russia blames Europe for gas crisis, warns West of oil retaliation
The Kremlin blamed the West for triggering the worst European gas supply crisis ever and warned the Group of Seven advanced economies that Moscow would retaliate over its plan to impose a price cap on Russian oil.
Read More →
India's Future Crude Oil Supplies Will Mostly Come From Gulf - Oil Minister
India's minister of petroleum and natural gas, Hardeep Singh Puri, said most of his country's crude oil supplies in the near future will come from the Gulf countries, including Saudi Arabia and Iraq, as it seeks a secure and affordable energy base.
Read More →
Belgian Motorists Beat Fuel Inflation With Cross-Border Trips To France
French government support for gasoline prices has led to long queues of cars from Belgium queuing at gas stations just over the border with France where gas can be more than 30 euro cents ($0.30) per litre cheaper.
Read More →
Pollution Fears Grow As Beached Ship Off Gibraltar Leaks Fuel
Gibraltar struggled to minimise any environmental impact of a fuel leak from a bulk carrier three days after it collided with a tanker, as reports of oiled birds emerged and several beaches in Spain and the British territory flew red flags.
Read More →
Self-Driving Tech Firm Aurora Mulls Sale To Apple Or Microsoft - Sources
Aurora Innovation Inc Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp.
Read More →
India's Future Crude Oil Supplies Will Mostly Come From Gulf -Oil Minister
India's minister of petroleum and natural gas, Hardeep Singh Puri, said most of his country's crude oil supplies in the near future will come from the Gulf countries, including Saudi Arabia and Iraq, as it seeks a secure and affordable energy base.
Read More →
India Aims To Finalise Six-Airbags Rule By Year-End To Beef Up Road Safety
India's road transport minister expects to finalise rules for all cars to have six airbags by the end of the current fiscal year, as part of a series of steps to improve safety in a country that has the world's deadliest roads.
Read More →
German Authority's Probe Finds 'Abnormalities' In Tesla Autopilot - Report
KBA has found "abnormalities" during its investigation focused on Tesla's autopilot function.
Read More →
Protests Across Indonesia As Anger Mounts Over Fuel Price Increase
Thousands of people rallied in Indonesia's biggest cities, demanding the government reverse its first subsidised fuel price increase in eight years amid soaring inflation.
Read More →
India Plans To Mandate Rear Seat Belt Alarms In Cars After Tycoon Dies In Crash
India is planning to make it mandatory for car makers to install an alarm system for rear seat belts to enforce their use, in an effort to reduce road accident fatalities.
Read More →
