About Reuters
Articles of Reuters
Chip Crunch Easing Could Weigh On Pricing Power, Tavares Says
In a media call presenting the automaker's results in the first half of the year, Tavares said the industry was in a "very specific sweet spot right now".
Read More →
Google Maps Launches Street View In India After 11-Year Wait
Alphabet Inc's Google Maps launched its panoramic Street View service in 10 Indian cities in partnership with Tech Mahindra and Genesys, 11 years after a first attempt ran into regulatory troubles.
Read More →
Brembo Open To Further Investment In Chinese JV As H1 Profit Tops Forecast
Brembo could consider expanding its investment in a newly announced joint venture in China with Gold Phoenix, its executive chairman told Reuters after the Italian brakes maker posted a 13% rise in first-half core earnings.
Read More →
Twitter Accepts Oct. 17 Trial But Is Concerned Musk Will Try To Delay
Twitter Inc does not object to a proposal by Elon Musk to start on Oct. 17 a trial over Musk's bid to walk away from his $44 billion acquisition deal but the social media company wants a commitment to complete the trial in five days, Twitter said in a court filing recently.
Read More →
Poland Wants Right To Block EU Plan To Reduce Gas Demand, PM Says
European Union countries bracing for further cuts in Russian gas supplies approved a weakened emergency plan to curb demand, after striking compromise deals to limit consumption reductions for some countries.
Read More →
Analysis-EU Gas Solidarity Complicated By Lack Of Fuel Sharing Deals
The European Union clinched a deal recently to cope with a gas supply crisis, but to make it work member states need to establish bilateral pacts to share gas and, right now, most have no such agreement in place.
Read More →
France's Macron: Underlined Importance Of Diversifying Energy Supplies In Talks With Saudi Crown Prince
French President Emmanuel Macron underlined the importance of having a diverse source of energy supplies during his talks this week with Saudi Crown Prince Mohammed bin Salman, said a statement from Macron's Elysee office.
Read More →
Indian Oil Posts First Loss In Over 2 Years As Marketing Margins Fall
Indian Oil Corp Ltd reported a quarterly net loss for the first time in more than two years, as the country's top refiner sold fuel at a discount in the domestic market while its costs jumped.
Read More →
G7 Aim To Have Price Cap On Russian Oil In Place Before Dec 5
The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said.
Read More →
Iranian Tanker To Retrieve Oil Cargo Confiscated By U.S. This Week
An Iranian-flagged tanker anchored off the Greek port of Piraeus is expected this week to retrieve part of its cargo of oil confiscated by the United States and sail back to Iran following a Greek court ruling, government sources said.
Read More →
Oil Settles Higher On U.S. Inventory Drop, Russia Gas Cuts
Oil settled up more than $2 as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and a U.S. interest rate hike.
Read More →
Oil Mixed As U.S. Gasoline Demand Rebounds But Recessionary Fears Loom
Oil prices were mixed as concerns about a potential global recession that would knock energy demand offset lower U.S. crude inventories and a rebound in gasoline consumption.
Read More →Oil Prices Surge $4/bbl As Chances Of OPEC+ Supply Boost Dim
Oil prices jumped more than $4 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming expectations that the producer group will boost supply.
Read More →
Rivian To Cut Headcount By 6%
Electric-truck maker Rivian Automotive Inc said it was reducing headcount by 6% in order to optimize costs in a tightening macroeconomic environment.
Read More →
STMicro Expects Chip Factories To Run At Full Steam Until 2023
STMicroelectronics expects its factories to run at full steam well into 2023 as the chipmaker's backlog is filled by the car and smartphone industries, prompting it to raise its 2022 outlook and build new production lines.
Read More →
Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.
Read More →
Walmart To Electrify Its Delivery Fleet With Canoo EVs
Walmart Inc has struck a deal with Canoo Inc to buy 4,500 electric vehicles as part of the U.S. retailer's goal to achieve net-zero emissions by 2040.
Read More →
VW Begins U.S. Production Of EV Compact SUV In Tennessee
Volkswagen AG has begun U.S assembly of its electric compact SUV ID.4 at its plant in Chattanooga, Tennessee.
Read More →
Tesla Supplier Panasonic Eyes 20% Jump In Battery Density By 2030
Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company's chief technology officer told Reuters.
Read More →
Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.
Read More →
