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Reuters

Dec 31, 2022, 3:48 PM

Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks

The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.

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  Reuters | Dec 31, 2022

  Oil Climbs Ahead Of OPEC+ Meeting Next Week

  Oil prices rose on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China's COVID-19 curbs and weakness in the global economy loomed over the market.

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  Reuters | Dec 31, 2022

  SoftBank Plans $35 Million Bet On India's GoMechanic - Report

  Vision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazanah and existing investor Tiger Global also planning to invest in the $100 million funding round.

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  car&bike Team | Dec 31, 2022

  Isuzu Motors India Introduces Winter Camp For Customers

  The winter camp was organised across all Isuzu authorised dealer service outlets between December 16 and 31, 2022.

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  Reuters | Dec 31, 2022

  GM Startup Cruise Recalls And Revises Self-Driving Software After Crash

  General Motors startup Cruise LLC said it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured.

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  Reuters | Dec 31, 2022

  Resigned Riders Of Gasoline-Fueled Motorbikes Pay For Parking In Paris

  Paris's town hall decision to make gasoline-fueled motorcycles pay for parking kicked in this Thursday, triggering reactions from riders ranging from resignation to dissatisfaction.

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  Reuters | Dec 31, 2022

  Piedmont To Build Lithium Plant In Tennessee For EV Market

  Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.

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  Reuters | Dec 31, 2022

  EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages

  Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.

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  Reuters | Dec 31, 2022

  China Says Automakers Must Have Licences For Mapping Data In Smart Cars

  China has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles.

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