Auto Industry
Reuters
Sep 30, 2022, 5:22 AM
Oil prices ended nearly 1% lower, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week.
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Reuters | Sep 30, 2022Uber Asks Its India Drivers To Ensure Rear Seatbelts In Their Cars WorkRide-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in their vehicles are accessible to passengers and they work, days after a local business tycoon died in a crash involving his private car.0 mins read
Reuters | Sep 30, 2022Fiat Chrysler Gets New Chance To Block Mahindra 4x4s In Jeep Trademark CaseFiat Chrysler has received a second chance to permanently block U.S. sales of redesigned Roxor off-road vehicles made by Mahindra.2 mins read
Reuters | Sep 30, 2022The G7's Price Cap On Russian Oil Begins To Take ShapeThe Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow's ability to fund its invasion of Ukraine, a plan analysts say could work in the long term but might boost oil prices in coming months.4 mins read
Reuters | Sep 30, 2022Lebanon Central Bank Stops Providing Dollars For Gasoline ImportsLebanon's central bank said it has entirely ceased providing dollars for gasoline imports in a move that will likely lead to higher and more volatile prices as well as increased pressure on the local currency which has been steadily losing value.1 min read
Reuters | Sep 30, 2022Most Twitter Shareholders Vote In Favor Of Sale To Musk - SourcesA majority of Twitter Inc's shareholders have voted in favor of the social media company's $44 billion sale to Elon Musk, people familiar with the tally said.2 mins read
Reuters | Sep 30, 2022Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV DemandU.S. power chip maker Wolfspeed Inc said it will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles as demand surges.2 mins read- Reuters | Sep 30, 2022Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV DemandU.S. power chip maker Wolfspeed Inc said it will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles as demand surges.2 mins read
- Reuters | Sep 30, 2022Election-Time Brazil Gasoline Tax Cut To Lead Mills To Shun EthanolBrazilian President Jair Bolsonaro's move to sharply cut taxes on fuels, particularly gasoline, to boost his reelection chances has squeezed ethanol's profit margins and is expected to lead mills to shun the biofuel and focus strongly on sugar.2 mins read
