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Auto Industry
Reuters
Oct 29, 2022, 10:14 AM
The sedan, imported from Toyota Brazil, is powered by flex fuel technology, which allows the engine to run on fuel blended with a higher percentage of ethanol, reducing the consumption of gasoline, along with a hybrid powertrain.
1 Min
Reuters | Oct 29, 2022As EV Sales Grow, Battle Over U.S. Road Weight Limits Heats UpEven before a recent spike in EV sales, U.S. roads have been carrying heavier loads, as cars and trucks climbed from an average of 3,200 pounds (1,451 kilos) to 4,200 pounds over the last four decades, according to the Environmental Protection Agency.4 mins read
Reuters | Oct 29, 2022Musk, Twitter Could Reach Deal To End Court Battle, Close Buyout Soon: ReportMusk, who is also chief executive officer of electric car maker Tesla Inc, proposed to Twitter late on Monday he would change course and abide by his April agreement to buy the company for $54.20 per share, if Twitter dropped its litigation against him.4 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, 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, 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
Reuters | Oct 29, 2022RBI Sells Dollars As Rising Oil Prices Push Rupee To Near Record Low - ReportThe Indian central bank likely sold dollars via state-run banks.1 min read
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