Auto Industry
Reuters
Dec 1, 2022, 3:11 AM
Damascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.
2 Min
Reuters | Dec 1, 2022Ukraine To Resume Excise Tax On Fuel To Replenish Budget During WarThe Ukrainian government has asked parliament to partially restore excise tax on petrol and diesel fuel to boost the state budget, depleted by months of war with Russia.1 min read
Reuters | Dec 1, 2022Myanmar To Import Russian Oil, Military SaysMilitary-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices.2 mins read
Reuters | Dec 1, 2022Musk Sells Tesla Stock Worth $6.9 Billion As Possibility Of Forced Twitter Deal RisesTesla CEO Elon Musk sold $6.9 billion worth of shares, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.3 mins read
Reuters | Dec 1, 2022FedEx Unit To Test Ford's Electric Vans For Parcel DeliveryFedEx Office will pilot Ford Motor Co's electric vans to pickup and deliver parcels in some regions, the unit of FedEx Corp said, as part of the delivery giant's move to cut its fleet's tailpipe emissions.1 min read
Reuters | Dec 1, 2022Tesla Discloses Lobbying Effort To Set Up Factory In CanadaTesla Inc is lobbying the Ontario government as part of an effort to set up an "advanced manufacturing facility" in Canada, a filing by the electric-vehicle maker to the province's Office of the Integrity Commissioner showed.1 min read
Reuters | Dec 1, 2022Oil Settles Lower As Halted Russian Pipeline Flows Appear Temporary, Demand Fears RiseOil prices settled slightly lower after a see-saw session as worries that a slowing economy could cut demand vied with news that some oil exports had been suspended on the Russia-to-Europe Druzhba pipeline that transits Ukraine.2 mins read
Reuters | Dec 1, 2022Oil Drops On Druzhba Pipeline News And U.S. Inflation ExpectationsOil prices edged lower on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators.1 min read- Reuters | Dec 1, 2022Oil Slips Amid Chance Of Iran Nuclear Deal Supply BoostOil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.2 mins read
