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Reuters

Dec 31, 2022, 4:36 PM

South Korean Truckers' Strike Cost $1.2 Billion In Lost Shipments

Disruptions to the country's supply chain expanded on Thursday, the eighth day of the nationwide strike by more than 20,000 truckers, as the government prepares to order more of them back to work.

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  Reuters | Dec 31, 2022

  Analysis: Retailers Turn To Robots In Cost Inflation Fight

  While retail has been slower to adopt automation than sectors such as autos and electronics, it has been picking-up the pace - from the introduction of basic self check-out tills in stores to the use of robots and AI in supply chains.

  5 mins read
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  Reuters | Dec 31, 2022

  Tesla Plans To Ramp Up Model Y Production From Giga Texas In 2023: Report

  The electric-vehicle manufacturer is currently preparing to roll out 75,000 Model Y vehicles from Gigafactory Texas in the first quarter of 2023, according to the report.

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  Reuters | Dec 31, 2022

  Oil Slides Over 3% On Russian Price Cap Talks, U.S. Gasoline Build

  Oil prices fell more than 3% continuing a streak of volatile trading, as the Group of Seven (G7) nations considered a price cap on Russian oil above the current market level.

  2 mins read
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  Reuters | Dec 31, 2022

  Proposed G7 Oil Price Cap To Have Little Immediate Impact On Russian Revenue

  G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.

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  Reuters | Dec 31, 2022

  Turkish Strikes Hit Oil Installations In Northern Syria - Report

  Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.

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  Reuters | Dec 31, 2022

  Russia Says It Won't Accept Oil Price Cap And Is Preparing Response

  Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.

  2 mins read
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  Reuters | Dec 31, 2022

  Bosch To Beat Forecasts, Double Down On India - Report

  Bosch is set to earn more than 87 billion euros in revenues in 2022

  1 min read
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  Reuters | Dec 31, 2022

  Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina

  Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials

  2 mins read