Auto Industry
Reuters
Nov 30, 2022, 10:28 PM
The panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu
2 Min
Reuters | Nov 30, 2022Faraday Future Appoints Xuefeng Chen As Global CEOChen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.1 min read
Reuters | Nov 30, 2022Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery ProductionThe company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 20302 mins read
Reuters | Nov 30, 2022Oil Falls On China COVID Curbs And Weak Factory DataOil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.2 mins read
Reuters | Nov 30, 2022Indonesia Hikes Fuel Prices To Rein In Ballooning SubsidiesIndonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.3 mins read
Reuters | Nov 30, 2022Shenzhen Shuts Most Public Transport As China Battles Multiple OutbreaksThe main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.3 mins read
Reuters | Nov 30, 2022India's BPCL Plans To load Sokol Cargo In Sept - SourcesIndian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.1 min read
Reuters | Nov 30, 2022U.S. Commerce Aims To Seek Chips Funding Proposals By FebruaryThe U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.2 mins read
Reuters | Nov 30, 2022India Says Importing Russian Oil Part Of Inflation ManagementIndia's finance minister said that importing Russian oil was part of the country's inflation-management strategy and that other countries were doing something similar.1 min read
