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Auto Industry
Reuters
Dec 1, 2022, 5:02 AM
The battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment
1 Min
Reuters | Dec 1, 2022Oil Settles Up As IEA Hikes 2022 Demand Growth ForecastOil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.2 mins read
Reuters | Dec 1, 2022Analysis-Oil Prices Turn More Volatile As Investors Exit The MarketTraders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.3 mins read
Reuters | Dec 1, 2022GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery PlantGeneral Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.2 mins read
Reuters | Dec 1, 2022German Court Lets Tesla Ads Continue Referring To Autonomous DrivingTesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.1 min read
Reuters | Dec 1, 2022Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.1 min read
Reuters | Dec 1, 2022Serbia, Kosovo Fail To Break Car Number Plate Impasse, Agree To More TalksThe leaders of Serbia and Kosovo failed to resolve differences fuelling tension between the estranged Balkan neighbours during talks, but they agreed to resume discussions ahead of a Sept. 1 deadline that could stoke further unrest.2 mins read- Reuters | Dec 1, 2022Oil Edges Off Low As Strong Export Demand Drains U.S. Crude StocksOil prices rose about 1.5% after hitting a six-month low, as a steeper-than-expected drawdown in U.S. crude stocks outweighed concerns over rising Russian output and exports as well as recession fears.2 mins read
Reuters | Dec 1, 2022India 10-Year Bond Yield Sees Biggest Drop In 2 Months Tracking OilIndian government bond yields declined, with the 10-year notes posting its biggest single day drop in two months in line with the slump in oil.2 mins read
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