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Auto Industry
Reuters
Oct 29, 2022, 2:43 PM
Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that it was not clear how many employees would go to Ford, Volkswagen, or lose their jobs.
1 Min
Reuters | Oct 29, 2022Intel's Mobileye Unit Valued At $22 Billion As Shares Cruise HigherThe debut comes after a turbulent period when Mobileye settled for merely a third of the $50 billion valuation it was targeting earlier in its IPO.2 mins read
Reuters | Oct 29, 2022Truck Maker Volvo To Build Battery Modules Plant In BelgiumThe new manufacturing line would be able to use battery cells both from partners and from a planned battery cell plant in Sweden.1 min read
Reuters | Oct 29, 2022Western Officials Finalizing Plans For Russia Oil-Price CapOfficials said no price range has been decided yet, however one person familiar with the process said the cap will be determined in line with the historical average of $63-64 a barrel - a level that could form a natural upper limit.3 mins read
Reuters | Oct 29, 2022Oil Jumps About $4 As OPEC+ Weighs Biggest Output Cut Since 2020Oil prices jumped nearly $4 a barrel as OPEC+ considered reducing output by more than 1 million barrels per day (bpd).2 mins read
Reuters | Oct 29, 2022Two Oil Wells Operated By Nigeria's Eroton On Fire - ReportTwo oil wells operated by Nigerian firm Eroton Exploration and Production Limited caught fire on Monday and were still burning on Tuesday.1 min read
Reuters | Oct 29, 2022U.S. Asks Congo To Pull Some Oil Blocks From Auction To Protect ForestsU.S. climate envoy John Kerry has asked Democratic Republic of Congo to withdraw some of the oil blocks it has put up for auction in order to protect forests.1 min read
Reuters | Oct 29, 2022French Refinery Strike Continues At Four Sites For Eighth DayStrikes have disrupted TotalEnergies' oil products refining and delivery for an eighth day.0 mins read
Reuters | Oct 29, 2022U.S. Treasury Seeks Phased G7 Oil Sanctions As EU Ban LoomsG7 sanctions on Russia will target its oil and products in three phases.2 mins read
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