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Mahindra First Choice Wheels Limited, 602, 6th Floor, Tower - B, Embassy 247, LBS Road, Vikhroli (West), Mumbai - 400083
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  • Ola Electric New Gig
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Auto Industry

Wall St Falls As U.S. Crude Oil Shakes Off Losses
Reuters
Dec 31, 2022, 5:14 PM
Wall St Falls As U.S. Crude Oil Shakes Off Losses
While a surge in COVID cases and clashes between police and protesters across several major Chinese cities over the weekend helped push U.S. Treasury yields lower, that move had also reversed course in afternoon trading.
3 Min
  • India Purchased 40% Of Seaborne Russian Urals Oil In November: Report
    Reuters | Dec 31, 2022
    India Purchased 40% Of Seaborne Russian Urals Oil In November: Report
    Russian Urals oil shipments to India accounted for about 40% of the total sea exports of Urals in November, not including the transit of oil from Kazakhstan, which is sold as KEBCO, Reuters calculations showed.
    2 mins
  • Western Governments Struggle To Agree On Russian Oil Price Cap
    Reuters | Dec 31, 2022
    Western Governments Struggle To Agree On Russian Oil Price Cap
    The plan is meant to punish Russia while at the same time keeping its vast petroleum exports flowing to energy-starved global markets to tamp down inflation.
    3 mins
  • EU Inches Towards Deal On Russian Oil Price Cap This Week
    Reuters | Dec 31, 2022
    EU Inches Towards Deal On Russian Oil Price Cap This Week
    The deadline for a deal is Dec. 5 because that is when the EU's own full embargo on purchases of Russian seaborne oil, agreed at the end of May, kicks in.
    3 mins
  • Oil Up On China COVID Hopes, But OPEC+ Output Concerns Offset Gains
    Reuters | Dec 31, 2022
    Oil Up On China COVID Hopes, But OPEC+ Output Concerns Offset Gains
    Oil rose on Tuesday on expectations for a loosening of China's strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcoming meeting limited gains.
    3 mins
  • South Korea's Yoon Ready To Offer 'Tailored' Benefits To Attract Tesla Gigafactory: Report
    Reuters | Dec 31, 2022
    South Korea's Yoon Ready To Offer 'Tailored' Benefits To Attract Tesla Gigafactory: Report
    Yoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory.
    2 mins
  • Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU
    Reuters | Dec 31, 2022
    Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU
    Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in northern Kosovo, which the West had warned could trigger ethnic violence, the European Union's foreign policy chief said.
    2 mins
  • OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap: Report
    Reuters | Dec 31, 2022
    OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap: Report
    A virtual meeting puts the focus on the pending European Union deal over the price cap on Russian oil, as well as a Dec. 5 deadline imposed by the bloc for a full embargo on purchases of Moscow's seaborne crude.
    2 mins
  • Chinese Dealers Seek Compensation Over Stellantis Jeep Failure
    Reuters | Dec 31, 2022
    Chinese Dealers Seek Compensation Over Stellantis Jeep Failure
    Stellantis is overhauling its strategy in China after agreeing to file for bankruptcy of its Jeep joint venture with local partner Guangzhou Automobile Group (GAC) in October.
    2 mins
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