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Reuters

Nov 30, 2022, 6:28 PM

U.S. Hits The EV Accelerator To Cut Chinese Metals Ties - Report

Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles.

5 Min

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  Reuters | Nov 30, 2022

  Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook

  Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.

  2 mins read
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  Reuters | Nov 30, 2022

  Musk Targets Ad Tech Firms In Twitter Suit Over Takeover Deal

  Elon Musk is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter.

  1 min read
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  Reuters | Nov 30, 2022

  Wall Street Rallies On Economic Data, Crude Falls As Stockpiles Jump

  U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday.

  3 mins read
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  Reuters | Nov 30, 2022

  Chip Stocks Slip As Taiwan Tensions Mount

  Semiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.

  1 min read
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  Reuters | Nov 30, 2022

  Oil Costs Spur India To Produce Ethanol From Farm Waste

  India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

  2 mins read
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  Reuters | Nov 30, 2022

  Elon Musk Says 'I Have Too Much Work On My Plate'

  "I have too much work on my plate that is for sure," Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali.

  3 mins read
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  Reuters | Nov 30, 2022

  Slovakia's Inobat Eyes Electric Vehicle Battery Plant In Serbia

  The Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.

  1 min read
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  Reuters | Nov 30, 2022

  Stellantis Strikes Deal With Infineon To Secure Silicon Carbide Chips

  According to the agreement, Infineon will reserve production capacity and supply the power semiconductors directly to Stellantis suppliers

  1 min read