Auto Industry
Reuters
Jul 30, 2022, 6:47 PM
Indian refiners have done the opposite, snapping up more Russian crude while the government explores ways to protect domestic oil firms from punishment should they fall foul of sanctions.
7 Min
Reuters | Jul 30, 2022Oil Rises As Tight Supply Trumps Recession FearsEuro zone inflation hit yet another record high in June, strengthening the case for rapid European Central Bank rate increases, while U.S. consumer sentiment hit a record low.2 mins read
Reuters | Jul 30, 2022Tesla's Run Of Record Deliveries May Be Reaching The End Of The RoadThis would be down from its record deliveries of 310,048 the preceding quarter, marking Tesla's first quarter-on-quarter decline in deliveries since the first quarter of 2020.3 mins read
Reuters | Jul 30, 2022China's Shenzhen Orders Big Firms Such As Foxconn Into Closed Loop To Curb COVIDWhile Reuters could not independently verify the document, a notice at a Shenzhen office of oil giant CNOOC Ltd seen by Reuters said that the building would be closed for seven days until July 31, with staff to work from home and continue with daily COVID testing.2 mins read
Reuters | Jul 30, 2022Oil Settles Up 1% At 2-Week High On Worries About Tight SupplyBrent posted its highest close since July 4 and WTI its highest since July 8. At one point during the volatile session, both benchmarks were down around $2 a barrel.2 mins read
Reuters | Jul 30, 2022Yellen Says She Had 'Productive' Meetings On Russian Oil Price CapYellen said her bilateral meetings and the overall G20 sessions in Indonesia focused on the human and economic cost of Russia's invasion of Ukraine, with the United States and other countries "unequivocal in condemning their (Russia's) shameful actions."1 min read
Reuters | Jul 30, 2022Libya's Tripoli Government Installs New Oil Company Head Despite OppositionThe tussle over NOC has opened cracks in both the loose eastern and western camps whose rivalry has fuelled Libya's conflict for years and risks undermining the company's longstanding independence from the factional infighting.2 mins read
Reuters | Jul 30, 2022Taiwan Weighs Foxconn Fine For China Chip Investment - SourcesFoxconn, the world's largest contract electronics maker, said this week it has become a shareholder in embattled Chinese chip conglomerate Tsinghua Unigroup via a 5.38 billion yuan ($797 million) investment by a subsidiary.2 mins read
Reuters | Jul 30, 2022Brazilian Ride-Hailing App 99 To Test Electric Car With China's BYDThe tests of the vehicle, which was developed by BYD and China's Didi Chuxing, will begin this week in Sao Paulo, Brazil's financial capital, with the goal of accelerating the adoption of electric vehicles in 99's fleet.1 min read
