Auto Industry

Reuters

Sep 29, 2022, 12:25 AM

Indian Shares Post Weekly Decline As Tech, Autos Tumble

Indian shares dropped nearly 2% to register a weekly decline, dragged by a sharp fall automobile stocks.

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  Reuters | Sep 29, 2022

  Ecuador Reaches Preliminary Deals On Oil, Mining With Indigenous Groups

  Ecuador reached a preliminary agreement with indigenous groups to declare a temporary moratorium on 16 oil blocks, Energy and Mining Minister Xavier Vera said, a turning point in negotiations aimed at staving off renewed street protests.

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  Reuters | Sep 29, 2022

  Oil Prices Settle Higher Amid Supply Concerns Heading Into Winter

  Oil prices settled higher, shaking off weaker demand expectations as supply concerns mount heading into the winter.

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  Reuters | Sep 29, 2022

  Pares Early Gains On Dollar Demand From Importers, Oil Refiners

  The Indian rupee trimmed early gains against the U.S. currency on Thursday, weighed down by dollar demand from importers and oil companies.

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  Reuters | Sep 28, 2022

  U.S. Shares Rally While Oil Climbs, Dollar Dips

  Wall Street equity indexes closed higher as some investors bet that August data would show easing U.S. inflation while others were encouraged by news that Ukraine had made progress against Russia in a war that has hurt the global economy.

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  Reuters | Sep 28, 2022

  Taiwan's ProLogium Seeks European Site For $8bln Battery Plant

  Taiwanese battery maker ProLogium Technology Co has shortlisted four European countries - France, Germany, Poland and the United Kingdom - for an $8 billion solid-state lithium battery plant, consulting firm Accuracy said.

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  Reuters | Sep 28, 2022

  Israel's StoreDot Moves Closer To 2024 Production Of Fast-Charge Batteries

  Israeli startup StoreDot has shipped production-ready samples of its fast-charge electric vehicle battery cells to strategic partners and potential customers as it moves closer to a planned 2024 production date, the company said.

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  Reuters | Sep 28, 2022

  Indian Shares Fall As Autos Skid

  Indian shares ended lower, dragged by auto stocks, while a weaker broader market weighed on sentiment.

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  Reuters | Sep 28, 2022

  Auto Parts Supplier Aptiv To Acquire 85% Of Intercable Unit In EV Tech Push

  Auto parts supplier Aptiv Plc said it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).

  1 min read