Auto Industry
Reuters
Sep 7, 2022, 4:32 PM
Oil prices rose on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China's COVID-19 curbs and weakness in the global economy loomed over the market.
3 Min
car&bike Team | Sep 7, 2022Energy War As West Caps Russian Oil Price, Moscow Keeps Gas Pipe ShutRich countries agreed to try to cap the global price of Russian oil, while Russia delayed the re-opening of its main gas pipeline to Germany, as both sides raised the stakes in an energy war between Moscow and the West over Ukraine.4 mins read- Reuters | Sep 7, 2022Russia Scraps Gas Pipeline Reopening, Stoking European Fuel FearsRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.4 mins read
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Seshan Vijayraghvan | Sep 6, 2022Ford India Makes Final Settlement Offer To Chennai Factory WorkersFord has presented its final severance package to the Chennai car factory Union and the company has said that it will be valid from September 5, 2022, to September 23, 2022.3 mins read
Reuters | Sep 6, 2022SoftBank Plans $35 Million Bet On India's GoMechanic - ReportVision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazanah and existing investor Tiger Global also planning to invest in the $100 million funding round.2 mins read
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