Auto Industry
Reuters
Aug 29, 2022, 10:49 PM
The banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc have a financial incentive to help the world's richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts.
4 Min
Reuters | Aug 29, 2022Baidu Bags China's First Fully Driverless Robotaxi LicensesChina search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.2 mins read
Reuters | Aug 29, 2022U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative PushTwo members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.2 mins read
Reuters | Aug 29, 2022Biden Signs Bill To Boost U.S. Chips, Compete With ChinaPresident 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.2 mins read
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
