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Reuters
Dec 1, 2022, 5:20 AM
Ride-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in their vehicles are accessible to passengers and they work, days after a local business tycoon died in a crash involving his private car.
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Reuters | Dec 1, 2022Oil Dips Nearly 1%, Reversing Gains After Bearish U.S. Economic DataOil prices ended nearly 1% lower, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week.2 mins read
Reuters | Dec 1, 2022Upset By High Prices, GM's Cruise Develops Its Own Chips For Self-Driving CarsGeneral Motors' autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs and scale up volume, executives said.2 mins read
Reuters | Dec 1, 2022Tesla Weighs Reset For China Retail Strategy Even As Sales BoomTesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said.3 mins read
Reuters | Dec 1, 2022Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower ClaimsMusk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.1 min read
Reuters | Dec 1, 2022Stocks Eye 3% Weekly Loss, Dollar Sky High Before U.S. Jobs DataWorld 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.3 mins read- Reuters | Dec 1, 2022Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap LoomsOil 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.2 mins read
- Reuters | Dec 1, 2022Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.STaiwan 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.2 mins read
Reuters | Dec 1, 2022GM, LG Energy Joint Venture Ohio Battery Plant Begins ProductionA General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production.2 mins read
