Auto Industry
Reuters
Aug 29, 2022, 7:52 PM
FedEx Office will pilot Ford Motor Co's electric vans to pickup and deliver parcels in some regions, the unit of FedEx Corp said, as part of the delivery giant's move to cut its fleet's tailpipe emissions.
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Reuters | Aug 29, 2022Tesla Discloses Lobbying Effort To Set Up Factory In CanadaTesla Inc is lobbying the Ontario government as part of an effort to set up an "advanced manufacturing facility" in Canada, a filing by the electric-vehicle maker to the province's Office of the Integrity Commissioner showed.1 min read
Reuters | Aug 29, 2022Toyota Says No Change To Plan To Produce 9.7 Million Vehicles Globally This YearToyota Motor Corp said it would hold to its plan to produce 9.7 million vehicles globally this fiscal year, even as it announced another stoppage related to the spread of COVID-19.1 min read
Reuters | Aug 29, 2022Oil Settles Lower As Halted Russian Pipeline Flows Appear Temporary, Demand Fears RiseOil prices settled slightly lower after a see-saw session as worries that a slowing economy could cut demand vied with news that some oil exports had been suspended on the Russia-to-Europe Druzhba pipeline that transits Ukraine.2 mins read
Reuters | Aug 29, 2022Cuba Brings Oil Depot Fire Under Control, Worst In Island's HistoryFirefighters on Tuesday finally overcame what officials described as the worst fire in Cuba's history that over five days destroyed 40% of the Caribbean island's main fuel storage facility and caused massive blackouts.2 mins read
Reuters | Aug 29, 2022Oil Drops On Druzhba Pipeline News And U.S. Inflation ExpectationsOil prices edged lower on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators.1 min read
Reuters | Aug 29, 2022Biden To Sign Bill To Boost U.S. Chips, Compete With ChinaPresident Joe Biden will sign a 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, 2022Third Oil Storage Tank Collapses In Cuba Terminal Following Fire, Spill -GovernorA third crude tank caught fire and collapsed at Cuba's main oil terminal in Matanzas, its governor said on Monday, as an oil spill spread flames from a second tank that caught fire two days earlier in the island's biggest oil industry accident in decades.2 mins read
Reuters | Aug 29, 2022Chennai Petroleum Cuts Crude Runs By 25% At Southern India RefineryIndia's Chennai Petroleum Corp said it had cut crude processing by a quarter at its 201,000 barrels per day Manali refinery in southern India, following an order by the Tamil Nadu state pollution control board.1 min read
