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Sep 28, 2022, 6:55 PM
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.
3 Min
Reuters | Sep 28, 2022Oil Prices Settle Higher Amid Supply Concerns Heading Into WinterOil prices settled higher, shaking off weaker demand expectations as supply concerns mount heading into the winter.2 mins read
Reuters | Sep 28, 2022Pares Early Gains On Dollar Demand From Importers, Oil RefinersThe Indian rupee trimmed early gains against the U.S. currency on Thursday, weighed down by dollar demand from importers and oil companies.1 min read- Reuters | Sep 28, 2022U.S. Shares Rally While Oil Climbs, Dollar DipsWall 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.3 mins read
Reuters | Sep 28, 2022Taiwan's ProLogium Seeks European Site For $8bln Battery PlantTaiwanese 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.1 min read
Reuters | Sep 28, 2022Israel's StoreDot Moves Closer To 2024 Production Of Fast-Charge BatteriesIsraeli 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.1 min read
Reuters | Sep 28, 2022Indian Shares Fall As Autos SkidIndian shares ended lower, dragged by auto stocks, while a weaker broader market weighed on sentiment.1 min read
Reuters | Sep 28, 2022Auto Parts Supplier Aptiv To Acquire 85% Of Intercable Unit In EV Tech PushAuto 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
Reuters | Sep 28, 2022Vedanta Sees No Funding Problems For Indian Chip JV With FoxconnIndia's Vedanta does not see any funding problems for a $19.5 billion semiconductor venture with Taiwan's Foxconn, its chairman told CNBC-TV18, adding he hoped the project would foster local electronics clusters.1 min read
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