Auto Industry
Reuters
Aug 29, 2022, 7:50 PM
Baidu's electric vehicle (EV) firm Jidu Auto will be one-generation ahead of Tesla in terms of autonomous driving technologies, Baidu chief executive Robin Li said in a statement.
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Reuters | Aug 29, 2022Chip And Carmaker CEOs Meet Ahead Of Biden SigningOn Tuesday, President Joe Biden will sign legislation to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China.1 min read
Ameya Naik | Aug 29, 2022Santosh Iyer To Take Over As Managing Director, CEO, Mercedes-Benz India From January 1, 2023Santosh Iyer has been associated with Mercedes-Benz India since 2009 and has been at leadership roles across diverse functions including Sales, Marketing, Customer Services, Communications and CRM.2 mins read
Reuters | Aug 29, 2022Big Oil Offers Big Returns But Keeps Spending TightThe West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices.3 mins read
Reuters | Aug 29, 2022Oil Sinks About 4% After Weak Factory Data Sparks Demand ConcernsOil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.2 mins read- Reuters | Aug 29, 2022Oil Slides Amid Recession Fears, Slow Recovery In China ImportsChina, the world's top crude importer, imported 8.79 million barrels per day (bpd) of crude in July, up from a four-year low in June, but still 9.5% lower than a year ago, customs data showed.1 min read
Reuters | Aug 29, 2022Russian Crude Prices Recover On Strong India, China DemandPrices have rebounded with at least two cargoes loading between end-September and early October sold at parity against Middle East benchmark Dubai3 mins read
Reuters | Aug 29, 2022Swiss Adopt New EU Sanctions On Russia, Allow Oil PaymentsThe Swiss government imposed further sanctions against Russia over the war in Ukraine, in line with the European Union's latest measures on gold and gold products, the cabinet said.1 min read
Reuters | Aug 29, 2022Oil Prices Hit Lowest Since Ukraine Invasion Amid Recession FearsGlobal oil prices dropped on Thursday to their lowest levels since before Russia's February invasion of Ukraine, as traders fretted over the possibility of an economic recession later this year that could torpedo energy demand.2 mins read
