Auto Industry
Reuters
Aug 29, 2022, 10:42 PM
Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production.
1 Min
Reuters | Aug 29, 2022ONGC Signs Agreement With ExxonMobil For Deepwater Exploration In IndiaONGC said it signed a HoA with global petroleum giant ExxonMobil for deepwater exploration in the country's East and West coasts.1 min read
Reuters | Aug 29, 2022India Eases Russian Oil Buying In July, Boosts Saudi Imports - ReportIndia's crude oil imports from Russia fell for the first time since March.2 mins read
Reuters | Aug 29, 2022India Hikes Taxes On Fuel Exports, Slashes Windfall Tax On Local CrudeIndia raised fuel export taxes despite only cutting them a little over two weeks ago, and slashed a windfall tax on locally produced crude oil, according to a government notification.1 min read
Reuters | Aug 29, 2022Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply OutlookOil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.2 mins read
Reuters | Aug 29, 2022Oil Dips As Slowdown Worries Limit Price GainsOil prices dipped after two days of gain, as market participants weighed worries about global economic slowdown.2 mins read
Reuters | Aug 29, 2022SAIC Motor's Ridehailing Unit Raises 1 Billion Yuan In Series B FundingMomenta's investment in SAIC's ridehailing unit comes as startups have been pouring billions of dollars into autonomous technology, aiming to take an early lead in commercializing autonomous driving1 min read
Reuters | Aug 29, 2022Judge Orders Twitter To Give Elon Musk Former Executive's DocumentsTwitter Inc needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts on the platform, according to a court order.1 min read
Reuters | Aug 29, 2022India Buys Discounted Venezuelan Petcoke To Replace CoalIndian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports not specifically targeted by U.S. sanctions.3 mins read
