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Reuters

Dec 31, 2022, 3:32 PM

Bosch To Invest $200 Million To Make Fuel Cell Stacks In South Carolina

Bosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.

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  Reuters | Dec 31, 2022

  Stocks Eye 3% Weekly Loss, Dollar Sky High Before U.S. Jobs Data

  World stocks were heading for a 3% loss on the week while the dollar hit 24-year highs against the yen for a second day ahead of key U.S. jobs data, as investors brace for aggressive rate hikes from the Federal Reserve.

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  Reuters | Dec 31, 2022

  Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap Looms

  Oil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.

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  Reuters | Dec 31, 2022

  Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.S

  Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.

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  Jaiveer Mehra | Dec 31, 2022

  Tata Motors To Complete Acquisition Of Ford’s Sanand Plant On January 10, 2023

  The two companies signed an agreement for Tata Motors to acquire the Sanand plant in August 2022 as part of a deal worth Rs 725.7 crore.

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  Pratik Rakshit | Dec 31, 2022

  Top 7 Upcoming EVs In 2023

  We’ve compiled a list of the most anticipated electric vehicles in 2023, all set to electrify the Indian car market as well as put many EVs to test.

  7 mins read
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  Reuters | Dec 30, 2022

  Oil Tank In Colombia's Barranquilla Explodes Into Flames, One Dead

  Operations at Barranquilla's port were suspended until the fire is fully controlled, authorities added.

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  Reuters | Dec 30, 2022

  Hungarian Government Scraps Price Cap On Fuels As Shortage Worsens

  Foreign players have cut fuel shipments to Hungary since the government capped the price of petrol and diesel at 480 forints ($1.22) per litre a year ago.

  2 mins read
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  Reuters | Dec 30, 2022

  Oil Settles Lower In Light Trading On China Demand Concerns

  Wednesday's declines also followed three straight sessions of higher settlements on both crude benchmarks.

  2 mins read