Auto Industry
Reuters
Oct 29, 2022, 10:19 AM
The high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.
2 Min
Reuters | Oct 29, 2022Oil Falls By Nearly 2% As Recession Fears Outweigh Tight Supply ProspectsOil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.2 mins read
Reuters | Oct 29, 2022Iran Toughens Crackdown As Some Oil Workers Reported To Join ProtestsProtests have swept Iran since Mahsa Amini, a 22-year-old from Iran's Kurdish region, died on Sept. 16 while being held for "inappropriate attire", marking one of the boldest challenges to the Islamic Republic since the 1979 revolution.3 mins read
Reuters | Oct 29, 2022Oil Settles Lower On China COVID Flare-Up, Recession FearWorld Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem.2 mins read
Reuters | Oct 29, 2022Battery Maker Envision AESC Seeking Potential Investors To Fund ExpansionJapan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.2 mins read
Reuters | Oct 29, 2022Long Petrol Queues In Tunisia Stir Anger After Promise Of Fuel DeliveriesMany petrol stations started running out of fuel over the weekend as imports slowed and national supplies dropped, leading to lines of cars stretching kilometres in some places, causing bad traffic in Tunisian cities.2 mins read
Reuters | Oct 29, 2022Hyundai's Air Taxi Unit Picks Honeywell As Avionics SupplierUnder the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.1 min read
Reuters | Oct 29, 2022Ukraine To Impose Electricity Supply RestrictionsUkraine has started restricting electricity supplies across the country after Russia knocked out more power plants.0 mins read
Reuters | Oct 29, 2022Slovakia's InoBat Eyes Electric Car Battery Plant In SpainThe declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.1 min read
