About Reuters
Articles of Reuters
AI Chip Startup SiMa.ai Launches Auto Business With Former Bosch, Mercedes Executive
SiMa.ai said it is entering the automotive industry and has recruited Harald Kroeger, a former executive at top tier auto supplier Bosch and Mercedes Benz, to lead that business.
Read More →
Delhi Wrestles With 'Hazardous' Air Pollution, Primary Schools Shut
Authorities in New Delhi ordered primary schools to shut from Saturday, and told schools to stop outdoor activities for older children as air in the world's most polluted capital had become a severe risk to health.
Read More →
Tesla To Start Mass Production Of The Cybertruck At The End Of 2023
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck.
Read More →
Vedanta Expects Revenue To Jump To $50 Billion In Two Years' Time - Report
Vedanta Ltd expects annual revenue of $50 billion in the next two to three years, roughly double projected revenues for fiscal year 2023.
Read More →
Iran Ready To Deliver Oil To India, Says Ambassador - Report
Iran's ambassador to India Iraj Elahi said Iran wants to sell oil to India and is ready to deliver it.
Read More →
GAIL India's Profit Tumbles On Supply Cut From Former Gazprom Unit
GAIL (India) Ltd reported a bigger-than-expected 46.3% fall in quarterly profit, hit by low gas sales due to supply disruptions from a former unit of Russian energy giant Gazprom.
Read More →
India Raises Ethanol Purchase Prices For State-Run Fuel Retailers
Indian government has fixed a price of up to 65.61 rupees for purchase of ethanol from sugar mills as the nation wants to boost blending with gasoline.
Read More →
JK Tyre Reports 23% Fall In Quarterly Profit On Higher Costs
JK Tyre and Industries Ltd posted a 23% fall in its second-quarter profit on Tuesday, hurt by higher input costs.
Read More →
Festive Demand Drives Up Indian State Refiners Gasoil Sales In October
Indian state fuel retailers' diesel sale in October surged from the previous month, indicating a pick up in industrial activity during the peak festive season.
Read More →
TVS Motor Misses Q2 Profit Estimates On Weak Exports
TVS reported a lower-than-expected rise in second-quarter profit, hurt by higher expenses and an economic slowdown in a few of its key markets.
Read More →
Tesla's California EV Market Share Slips As Rivals Step Up
Tesla's dominant market share of the electric vehicle market in California slipped again this year.
Read More →
Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage
Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.
Read More →
Nissan Says Talks With Renault Focused On Better Competing In Electric Cars
Nissan's CEO said the company's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners.
Read More →
India's Hero MotoCorp Misses Q2 Profit Estimates, Sales Dip
Profit after tax fell 10 per cent to 7.16 billion Indian rupees ($86.37 million) for the three months ended Sept. 30, from Rs. 7.94 billion a year earlier, an exchange filing showed.
Read More →
Canoo To Build Battery Manufacturing Facility In Oklahoma
The company's Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.
Read More →
Europe Leans On Asia For 'Homegrown' EV Batteries
With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.
Read More →
MG Motor Says India Sought Clarifications On Losses For First Year In Country: Report
India's Ministry of Corporate Affairs started the probe after an analysis of MG Motor India's statements indicated suspicious related-party transactions, alleged tax evasion, under- and over-invoicing of bills. MG Motor India said it is providing the required records and information to the MCA.
Read More →
OPEC Raises Long-Term Oil Demand View, Calls For Investment
The view from the Organization of the Petroleum Exporting Countries, in its 2022 World Oil Outlook, contrasts with that of other forecasters which see oil demand reaching a plateau before 2030 due to the rise of renewable energy and electric cars.
Read More →
Oil Falls On China COVID Curbs And Weak Factory Data
Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.
Read More →
EV Battery Production Faces Supply Chain, Geopolitical Headwinds: Report
Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.
Read More →
