Auto Industry

Reuters

Oct 29, 2022, 10:22 AM

Down On Chips, Toyota Goes Back To Basics With Car Keys

"As the shortage of semiconductors continues, this is a provisional measure aimed at delivering cars to customers as quickly as possible," Toyota said in a statement.

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  Reuters | Oct 29, 2022

  Twitter Shares To Be Suspended On NYSE As Musk Nears Takeover: Report

  The deal's completion would mark an end to a lawsuit by Twitter, which, along with investors, now expects the deal to be completed on its original terms of $54.20 per share.

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  Reuters | Oct 29, 2022

  Musk Wants Twitter To Be 'Most Respected Advertising Platform': Report

  Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue from subscriptions and other means.

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  Reuters | Oct 29, 2022

  Analysis-Ford, VW Pop The Automated-Vehicle Bubble With Argo AI Exit

  As Ford, General Motors Co and other companies began to realize they would need to step up investment over a longer period of time, "it was never clear what the financial returns were going to be" on automated vehicles, Evangelos Simoudis, an investor, author and corporate adviser

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  Reuters | Oct 29, 2022

  Oil Prices Ease On Chinese Demand Data, Stronger Dollar

  Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.

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  Reuters | Oct 29, 2022

  Nigeria Orders Final Seizure Of houses, Cars Of Former Oil Minister

  Alison-Madueke was a key figure in the administration of former President Goodluck Jonathan who served as petroleum minister from 2010 to 2015. She has been dogged by corruption allegations since she left office but denies the charges.

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  Reuters | Oct 29, 2022

  Oil Rises On Strong Crude Demand, Despite China Fears

  Figures on Wednesday showed record U.S. crude exports, a hopeful sign for demand, even as crude stocks rose. The U.S. dollar weakened in early trade on hopes that interest-rate hikes may become less aggressive.

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  Reuters | Oct 29, 2022

  Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says

  Tesla says the cars still need to be driven with human oversight.

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  Reuters | Oct 29, 2022

  Oil Prices Settle Up; China Demand Hopes Outweigh Recession Worry

  Traders were squaring up positions ahead of the weekend after the WTI's November contract expiry, increasing volatility.

  2 mins read