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Reuters

Dec 1, 2022, 5:27 AM

Rampant Nigeria Oil Theft Is 'Treason', House Speaker Says

Crude oil theft in Nigeria, which is blamed for throttling output and exports, is tantamount to treason that should be punished by the stiffest possible penalty, the Speaker of the House of Representatives said.

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  Reuters | Dec 1, 2022

  Oil Edges Up As Supply Woes Outweigh Demand And Rate Hike Worries

  Oil prices edged slightly higher in volatile trading, as worries of tight supplies outweighed the rest.

  2 mins read
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  Reuters | Dec 1, 2022

  Ola Electric Ventures Abroad, To Enter Nepal Next Quarter

  Ola is looking to take its e-scooters global, starting with Nepal, as it seeks to tap into a growing international market for electric vehicles.

  1 min read
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  Reuters | Dec 1, 2022

  Faraday Future Says 'Misinformation Campaign' Hurt Fundraising Efforts

  Faraday Future said a "misinformation campaign" has affected its fundraising efforts.

  1 min read
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  Reuters | Dec 1, 2022

  Mahindra In Talks To Raise Up To Rs. 4,000 Crore For EV Push - Report

  Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build EVs.

  3 mins read
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  Reuters | Dec 1, 2022

  Tesla Recalls Nearly 1.1 Million U.S. Vehicles To Update Window Reversing Software

  Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.

  1 min read
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  Reuters | Dec 1, 2022

  California Regulator Sees 2035 EV Mandate As 'Sweet Spot'

  California's choice of 2035 as the deadline to end gasoline-only new car sales was the "sweet spot", the head of the state's clean air regulator said.

  2 mins read
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  Reuters | Dec 1, 2022

  Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In Fundraising

  Lotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.

  1 min read
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  Reuters | Dec 1, 2022

  Elon Musk Faces Skeptics As Tesla Gets Ready To Unveil 'Optimus' Robot

  Musk blamed overreliance on factory robots for sending the electric carmaker to "production hell" four years ago.

  4 mins read