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Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

Musk Looks To Delay Twitter Trial Following Whistleblower Claims

Dec 1, 2022 05:17 AM

3 mins read

Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

Stellantis Plant In Sochaux Halted Over Chip Shortage

By Reuters

Dec 1, 2022 05:16 AM

Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.

Tesla Likely Must Face California Agency's Race Bias Lawsuit

By Reuters

Dec 1, 2022 05:16 AM

A California state judge said he would likely deny Tesla Inc's bid to dismiss a lawsuit by the state's civil rights agency accusing the electric car maker of widespread race discrimination at an assembly plant.

Chinese Airline Owner Juneyao Group Plans To Enter Booming EV Market - Sources

By Reuters

Dec 1, 2022 05:16 AM

Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify from businesses that have been hit hard by COVID.

India's State-Funded Helmet Promises 'Fresh Air' In Battle On Winter Smog

By Reuters

Dec 1, 2022 05:16 AM

As India's capital of New Delhi prepares for winter - and the accompanying season of acrid smog - the government is promoting a motorcycle helmet fitted with filters and a fan at the back that it says can remove 80% of pollutants.

Oil Rises On Prospect Of OPEC+ Supply Cut

By Reuters

Dec 1, 2022 05:15 AM

Oil rose more than 1%, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.

Croatia Detains Five People Suspected Of Cheating Oil And Gas Firm INA

By Reuters

Dec 1, 2022 05:15 AM

A court in Zagreb has ordered five people to be kept in custody for a month for questioning over a suspected fraudulent trade deal that lost Croatia's oil and gas firm INA 1 billion kuna ($132 million), local media said.

Oil Money Is Flooding Into Guyana. Who Will Benefit?

By Reuters

Dec 1, 2022 05:15 AM

"Prepare for a massive influx of government revenue with little expertise on how to handle it," wrote analysts at the U.S. Agency for International Development in a report released earlier this year.

U.S. Says Had Constructive Talks With India On Russian Oil Price Cap Plan

By Reuters

Dec 1, 2022 05:15 AM

The United States had constructive talks with Indian officials on a proposal to cap prices of Russian oil, U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday, as it seeks global support for a proposal to cut Russian revenue.

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