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Reuters

Dec 23, 2022, 4:45 PM

Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD

The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%

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  Reuters | Dec 23, 2022

  U.S. Senator Manchin Says Treasury Should Limit Commercial EV Tax Credit Use

  The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, angering South Korea, the European Union, Japan and others.

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  Jaiveer Mehra | Dec 23, 2022

  Top 10 Cars Launched In 2022

  2022 saw plenty of action when it came to new product launches with manufacturers launching much-awaited and much-anticipated models spanning multiple segments. We look at the most important.

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  Mihir Barve | Dec 23, 2022

  One-Off Alfa Romeo Giulia SWB Zagato Breaks Cover

  Zagato's latest creation gets a shortened wheelbase, and is a two-door sportscar which started off as a Giulia Quadrifoglio.

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  Reuters | Dec 23, 2022

  Oil Muted As Price Cap Proposal Eases Supply Concerns

  A bigger-than-expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure on crude prices.

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  Reuters | Dec 23, 2022

  Ukraine's Zelenskiy Says Europe Must Avoid Division, Set Low Price For Russia's Oil

  Ukraine's President Volodymyr Zelenskiy on Friday called on Europeans to remain united against Russia's war and to severely limit the price for Russian oil.

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  Reuters | Dec 23, 2022

  Oil Prices Fall 2% As Chinese Demand Worries Linger

  U.S. West Texas Intermediate (WTI) crude futures were down $1.66, or 2.1%, at $76.28 a barrel. There was no WTI settlement on Thursday due to the U.S. Thanksgiving holiday and trading volumes remained low.

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  Reuters | Dec 23, 2022

  OPEC+ Meeting To Take Into Account Market Conditions: Report

  OPEC+'s October decision to reduce production by two million barrels per day (bpd) had played an important role in stabilising global markets, Saadoun, who serves as Iraq's delegate to OPEC, said.

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  Reuters | Dec 23, 2022

  India Shares Defy Global Weakness, On Oil Slide To Close At New Record

  The NSE Nifty 50 index rose 0.27% to settle at 18,562.75, and the S&P BSE Sensex climbed 0.34% to end at 62,504.80, with both notching closing highs for the third straight session.

  1 min read