About Reuters
Articles of Reuters
Clashes In Oil-Rich Shabwa Test Yemen's New Presidential Council
Yemen's new presidential council is under strain over clashes between nominal allies in oil-rich Shabwa this week, imperilling Saudi Arabia's efforts to strengthen an anti-Houthi coalition and potentially complicating international peace efforts.
Read More →
Oil Settles Lower On Weak Economic Chinese Economic Data
Oil prices settled lower after disappointing Chinese economic data renewed concerns of a global recession that would be expected to reduce fuel demand.
Read More →Barclays Sees Crude Surplus In Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "resilient" Russian supplies.
Read More →
Australia To Target Vehicle Emissions To Boost Electric Car Supply
Australia's government said it plans to introduce new regulations targeting vehicle carbon emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies.
Read More →
Musk Approaches Brain Chip Startup Synchron About Deal Amid Neuralink Delays -Sources
Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.
Read More →
EV Maker Nikola Beats Revenue Estimates On Higher Deliveries
Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.
Read More →
U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge Stations
A group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.
Read More →
Foxconn To Build Autonomous Electric Tractors At Ohio Facility
Taiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.
Read More →Foxconn Starts To Feel Sting Of Slowing Smartphone Sales
Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom.
Read More →
S.Korean EV Battery Maker SK On Raises $1.5 Billion In Expansion Push - Report
The battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment
Read More →
Oil Settles Up As IEA Hikes 2022 Demand Growth Forecast
Oil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.
Read More →Analysis-Oil Prices Turn More Volatile As Investors Exit The Market
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.
Read More →
GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant
General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.
Read More →
German Court Lets Tesla Ads Continue Referring To Autonomous Driving
Tesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.
Read More →
China's Huawei Says First-Half Profit Drops 52% As Demand Weakens
Huawei Technologies said its first-half net profit more than halved as a difficult economy curtailed demand from customers, compounding woes brought by U.S. technology restrictions.
Read More →
Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024
Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.
Read More →
Serbia, Kosovo Fail To Break Car Number Plate Impasse, Agree To More Talks
The leaders of Serbia and Kosovo failed to resolve differences fuelling tension between the estranged Balkan neighbours during talks, but they agreed to resume discussions ahead of a Sept. 1 deadline that could stoke further unrest.
Read More →Oil Edges Off Low As Strong Export Demand Drains U.S. Crude Stocks
Oil prices rose about 1.5% after hitting a six-month low, as a steeper-than-expected drawdown in U.S. crude stocks outweighed concerns over rising Russian output and exports as well as recession fears.
Read More →
India 10-Year Bond Yield Sees Biggest Drop In 2 Months Tracking Oil
Indian government bond yields declined, with the 10-year notes posting its biggest single day drop in two months in line with the slump in oil.
Read More →US Tells India That Indian Ship Used To Reroute Russian-Linked Fuel To New York
U.S. has expressed concern to India that it was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers.
Read More →
