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Reuters

Dec 1, 2022, 5:16 AM

Stellantis Plant In Sochaux Halted Over Chip Shortage

Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.

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  Reuters | Dec 1, 2022

  Tesla Likely Must Face California Agency's Race Bias Lawsuit

  A California state judge said he would likely deny Tesla Inc's bid to dismiss a lawsuit by the state's civil rights agency accusing the electric car maker of widespread race discrimination at an assembly plant.

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  Reuters | Dec 1, 2022

  Chinese Airline Owner Juneyao Group Plans To Enter Booming EV Market - Sources

  Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify from businesses that have been hit hard by COVID.

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  Reuters | Dec 1, 2022

  India's State-Funded Helmet Promises 'Fresh Air' In Battle On Winter Smog

  As India's capital of New Delhi prepares for winter - and the accompanying season of acrid smog - the government is promoting a motorcycle helmet fitted with filters and a fan at the back that it says can remove 80% of pollutants.

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  Reuters | Dec 1, 2022

  Oil Rises On Prospect Of OPEC+ Supply Cut

  Oil rose more than 1%, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.

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  Reuters | Dec 1, 2022

  Croatia Detains Five People Suspected Of Cheating Oil And Gas Firm INA

  A court in Zagreb has ordered five people to be kept in custody for a month for questioning over a suspected fraudulent trade deal that lost Croatia's oil and gas firm INA 1 billion kuna ($132 million), local media said.

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  Reuters | Dec 1, 2022

  Oil Money Is Flooding Into Guyana. Who Will Benefit?

  "Prepare for a massive influx of government revenue with little expertise on how to handle it," wrote analysts at the U.S. Agency for International Development in a report released earlier this year.

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  Reuters | Dec 1, 2022

  U.S. Says Had Constructive Talks With India On Russian Oil Price Cap Plan

  The United States had constructive talks with Indian officials on a proposal to cap prices of Russian oil, U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday, as it seeks global support for a proposal to cut Russian revenue.

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  Reuters | Dec 1, 2022

  Former Nigerian Militants Get Contracts To Combat Oil Theft

  Nigeria's state oil company has hired a company owned by former militant Tompolo, whose movement's attacks on facilities in the early 2000s crippled oil production, to protect installations and tackle rampant theft, his spokesman said.

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