Auto Industry

Reuters
Aug 29, 2022, 10:41 PM
India's crude oil imports from Russia fell for the first time since March.
2 Min
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
Reuters | Aug 29, 2022Oil Reverses Losses, Demand Concerns PersistOil prices edged higher in volatile trading as the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports, and bleak economic data from leading crude buyer China limited gains.2 mins read
Reuters | Aug 29, 2022SAIC Motor's Robotaxi Unit Raises 1 Billion Yuan In Series B FundingA robotaxi unit of China’s state-owned SAIC Motor has raised more than 1 billion yuan ($147.37 million) in a second round of fundraising from its autonomous technology partner Momenta and several other institutions, according to a Momenta statement and a person familiar with the matter.1 min read



























































