Auto Industry
Reuters
Oct 29, 2022, 10:15 AM
Honda Motorcycle and Scooter India plans to launch a flexi-fuel model of motorcycle in India by end-2024, the company's CEO said on Wednesday.
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Reuters | Oct 29, 2022U.S. Says Russia Oil Price Cap Will Not Be Aimed At OPECThe comments could help ease a spat between the United States and Saudi Arabia, the top oil exporter and de facto OPEC leader, over what Washington sees as collaboration with Russia to deprive markets of supply just as a global recession looms.3 mins read
Reuters | Oct 29, 2022Oil Up In Tight Market As U.S. Sets Release Of More ReservesBrent crude futures for December settlement ended up $2.38, or 2.6%, to $92.41 a barrel. U.S. West Texas Intermediate crude (WTI) for November, which is expiring on Thursday, ended at $85.55 a barrel, up $2.73, or 3.3%.2 mins read
Reuters | Oct 29, 2022Strikes End At Some Of Total Energies' French RefineriesWith an eye on the autumn school break that starts at the end of the week, members of the French government, who forced some fuel depot staff to return to work earlier this week, repeated that a back to normal situation was within reach.2 mins read
Reuters | Oct 29, 2022Oil Prices Settle Up; China Demand Hopes Outweigh Recession WorryTo fight inflation, the U.S. Federal Reserve is trying to slow the economy and will keep raising its short-term rate target, Federal Reserve Bank of Philadelphia President Patrick Harker said on Thursday in comments that weighed on oil.2 mins read
Reuters | Oct 29, 2022Russia Poised To Largely Skirt New G7 Oil Price CapThe Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.5 mins read
Reuters | Oct 29, 2022Amazon.com To Invest Over 1 Billion Euros In European Electric Van, Truck FleetThe company did not say what percentage of its European last-mile delivery fleet is electric today, but said those 3,000 zero-emission vans delivered over 100 million packages in 2021.1 min read
Reuters | Oct 29, 2022Chinese EV Battery Maker CATL Expects Q3 Profit To Nearly TripleThe company is the world's biggest battery maker and accounts for more than a third of global EV battery sales.1 min read
Reuters | Oct 29, 2022Musk Says Excited By Twitter Deal Despite OverpayingMusk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker's quarterly report. The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.1 min read
