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Seshan Vijayraghvan
Sep 26, 2022, 8:12 PM
Volvo Cars India expects at least a third of its volumes to come from the used car business. The company sells used cars through a separate vertical called ‘Volvo Selekt’ which is present at two dealerships in India.
3 Min
Reuters | Sep 26, 2022Oil Prices Slide 1% After U.S. Fed Raises Interest RatesOil prices fell about 1% to a near two-week low in volatile trade after the U.S. Federal Reserve delivered another hefty rate hike to quell inflation that could reduce economic activity and demand for oil.2 mins read
Reuters | Sep 26, 2022Russian Mobilization Hikes Urgency Of Oil Price Cap - Ukrainian Presidential AdvisorOleg Ustenko criticized updated European Union guidance on sanctions on Russian coal shipments that he said could enable companies to transport Russian coal to third countries, which was not in the original spirit of the deal.2 mins read
Reuters | Sep 26, 2022U.S. Senators Want Secondary Sanctions On Russian OilDemocratic and Republican senators proposed that U.S. President Joe Biden's administration use secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow's invasion of Ukraine.2 mins read
Reuters | Sep 26, 2022Norway's Vianode Invests $194 Million In Battery Materials PlantVianode will invest 2 billion Norwegian crowns in building a large-scale plant for sustainable battery materials in Norway.1 min read
Reuters | Sep 26, 2022India Set To Skip Buying Russia's ESPO Crude In Sept As Freight Costs JumpIndian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates.2 mins read
Reuters | Sep 26, 2022EU Eyes Oil Price Cap, More High-Tech Export Curbs In New Russia Sanctions - ReportThe European Union is looking at an oil price cap, tighter curbs on high-tech exports to Russia and more sanctions against individuals.2 mins read
Reuters | Sep 26, 2022Oil Edges Higher On Russian Supply Concerns In Volatile TradeOil settled nearly 1% higher paring earlier gains as the market focused on Russian oil supply concerns.2 mins read
Seshan Vijayraghvan | Sep 26, 2022Over 100 Motorists And Commuters Fined For Not Wearing Seat Belt In DelhiEarlier this month the Delhi Traffic Police had announced that all commuters travelling in a car will have to wear seatbelts both at the front and back, and the offenders will be charged a fine of Rs. 1,000.2 mins read
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