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Reuters

Dec 1, 2022, 5:00 AM

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.

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  Reuters | Dec 1, 2022

  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.

  2 mins read
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  Reuters | Dec 1, 2022

  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.

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  Reuters | Dec 1, 2022

  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.

  1 min read
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  Reuters | Dec 1, 2022

  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.

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  Reuters | Dec 1, 2022

  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.

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  Reuters | Dec 1, 2022

  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.

  2 mins read
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  Reuters | Dec 1, 2022

  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.

  2 mins read
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  Reuters | Dec 1, 2022

  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.

  1 min read