Auto Industry
Reuters
Oct 29, 2022, 10:20 AM
The discovery of the leak in the main route carrying oil to Germany, which operator PERN said it found on Tuesday evening, comes as Europe is on high alert over its energy security.
3 Min
Reuters | Oct 29, 2022Oil Prices Rise 2% On Low Diesel Stocks Ahead Of WinterBrent crude futures for December delivery rose $2.12 to $94.57 a barrel, a 2.29 per cent gain. U.S. crude rose $1.84, or 2.1 per cent, to $89.11 per barrel.2 mins read
Reuters | Oct 29, 2022Honda To Build JV U.S. Battery Plant, Retool Ohio PlantsHonda and LG are initially committing to investing $3.5 billion and creating 2,200 jobs but said the overall investment is projected to reach $4.4 billion.2 mins read
Reuters | Oct 29, 2022SoftBank-backed tech unicorn Kavak expands in Middle EastKavak plans to invest $130 million over the next two years in the three Middle-Eastern countries, which are set to represent 7-10% of its business.2 mins read
Reuters | Oct 29, 2022PepsiCo Confirms Tesla Semi Truck Deliveries To Start In DecemberPepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.2 mins read
Reuters | Oct 29, 2022Toshiba India To Supply Batteries For EVage's Electric VansThis is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans and will help EVage vehicles with battery safety and performance, the companies said.1 min read
Reuters | Oct 29, 2022Gas Price Cap Deal Eludes EU Countries, For NowThe 27-country EU is plotting its next move to tame soaring energy prices and shield consumers from surging bills, as Europe heads into a winter of scarce Russian gas, a cost of living crisis and the looming threat of recession.3 mins read
Reuters | Oct 29, 2022Benchmark Yield At Near 4-Month High On Spike In U.S. Yields, OilThe high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.2 mins read
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
