Auto Industry
Reuters
Nov 30, 2022, 6:27 PM
Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.
2 Min
Reuters | Nov 30, 2022Wall Street Rallies On Economic Data, Crude Falls As Stockpiles JumpU.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday.3 mins read
Reuters | Nov 30, 2022Chip Stocks Slip As Taiwan Tensions MountSemiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.1 min read
Reuters | Nov 30, 2022Oil Costs Spur India To Produce Ethanol From Farm WasteIndia opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.2 mins read
Reuters | Nov 30, 2022Elon Musk Says 'I Have Too Much Work On My Plate'"I have too much work on my plate that is for sure," Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali.3 mins read
Reuters | Nov 30, 2022Slovakia's Inobat Eyes Electric Vehicle Battery Plant In SerbiaThe Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.1 min read
Reuters | Nov 30, 2022Stellantis Strikes Deal With Infineon To Secure Silicon Carbide ChipsAccording to the agreement, Infineon will reserve production capacity and supply the power semiconductors directly to Stellantis suppliers1 min read
Reuters | Nov 30, 2022Tata Motors Sees Profit Rebound On Jaguar Land Rover Boost, Lower CostsTata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars.1 min read
Reuters | Nov 30, 2022Mahindra And Mahindra Reports Q2 Beat On Strong DemandMahindra reported a better-than-expected second-quarter profit, driven by strong demand for its passenger vehicles and farm equipment.1 min read
