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Japan PM Kishida Pledges New Steps To Deal With Rising Fuel Prices
Kishida will instruct his government to come up with additional measures to cushion the economic blow from rising energy prices.
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Musk Targets Ad Tech Firms In Twitter Suit Over Takeover Deal
Elon Musk is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter.
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Musk Seeks To Question Twitter Employees Who Count Bots - Report
Elon Musk's legal team is demanding that Twitter Inc turn over the names of employees responsible for calculating what percentage of the social media site's users are bot and spam accounts.
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China's CATL Presses Ahead With Battery Plans For North America - Report
CATL is pressing ahead with plans to deliver lower-cost lithium iron batteries to Ford and with plans for battery production in North America by 2026.
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India Approves New Emissions Targets To Tackle Climate Change
India has finally approved new targets for slashing planet-warming emissions, more than a year after a United Nations deadline for updated commitments.
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Indian Oil Aims To Restart Paradip Refinery From Mid-Sept - Report
Indian Oil will restart crude processing at its refinery in Odisha from mid-September after a 45-day maintenance turnaround.
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Lidar Maker Innoviz Signs $4 Billion Supply Deal With Volkswagen
Innoviz Technologies will supply hardware and software to Volkswagen AG's Cariad unit in a deal valued at $4 billion.
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Michigan Working To Attract Chip Manufacturers Under New U.S. Bill - Report
Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new subsidies.
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Auto Supplier Aptiv Cuts Forecast On Europe Gas Supply Worries
Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe as the region braces for a disruption in gas supplies from Russia.
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Tata Motors To Buy Ford India's Manufacturing Plant For Rs. 725.70 Crore.
Tata Motors signed an agreement to buy Ford Motor's manufacturing plant in the western state of Gujarat for Rs. 725.70 Crore.
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U.S. Hits The EV Accelerator To Cut Chinese Metals Ties - Report
Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles.
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Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025
Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.
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India's Adani Power To Buy DB Power For Rs. 7,000 Cr.
Adani Power Ltd are set to buy thermal power plant operator DB Power for an enterprise value of Rs. 7017 Crore ($879.14 million) as India's largest private thermal power producer looks to expand operations.
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Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook
Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.
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Bhutan Bans Import Of Most Vehicles As Foreign Exchange Reserves Plummet
Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves.
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Oil Prices Down 1.5% For The Week On Recession Jitters
Oil prices fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.
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Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam - Report
Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production.
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ONGC Signs Agreement With ExxonMobil For Deepwater Exploration In India
ONGC said it signed a HoA with global petroleum giant ExxonMobil for deepwater exploration in the country's East and West coasts.
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India Eases Russian Oil Buying In July, Boosts Saudi Imports - Report
India's crude oil imports from Russia fell for the first time since March.
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India Hikes Taxes On Fuel Exports, Slashes Windfall Tax On Local Crude
India raised fuel export taxes despite only cutting them a little over two weeks ago, and slashed a windfall tax on locally produced crude oil, according to a government notification.
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