Auto Industry
Reuters
Aug 29, 2022, 10:48 PM
President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.
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Reuters | Aug 29, 2022Oil Costs Spur India To Produce Ethanol From Farm WasteIndia opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.2 mins read
Reuters | Aug 29, 2022Sierra Leone Doctors Strike Over Pay, Fuel AllowancesDoctors across Sierra Leone began an indefinite strike on Monday to protest low pay and lack of benefits, leaving dozens of patients in hospital waiting rooms in need of care.1 min read
Reuters | Aug 29, 2022Chip Stocks Slip As Taiwan Tensions MountSemiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.1 min read
Reuters | Aug 29, 2022Spiralling Fuel Costs Hit Damascus DriversDamascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.2 mins read
Reuters | Aug 29, 2022Ukraine To Resume Excise Tax On Fuel To Replenish Budget During WarThe Ukrainian government has asked parliament to partially restore excise tax on petrol and diesel fuel to boost the state budget, depleted by months of war with Russia.1 min read
Reuters | Aug 29, 2022Myanmar To Import Russian Oil, Military SaysMilitary-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices.2 mins read
Reuters | Aug 29, 2022Cuba Fire Rages At Fuel Storage Port; Mexico, Venezuela Sending HelpA massive oil-fed fire burned near Cuba's supertanker port in Matanzas, as Mexico and Venezuela sent teams to help fight the inferno.2 mins read
Reuters | Aug 29, 2022India’s GAIL Faces Profit Hit Over Gas Supply Cut - ReportProfit at GAIL will be hit as it rations gas sales after supplies are cut under its long-term deal with a former unit of Russian energy giant Gazprom.2 mins read
