Auto Industry
Reuters
Jul 29, 2022, 4:34 PM
Biden has called on the kingdom and other Gulf producers to raise oil output to help stabilise prices, which have surged as a result of a strong rebound in consumption
4 Min
Reuters | Jul 29, 2022Yellen Says To Discuss With Seoul Price Cap On Russia Oil, Limits On N.KoreaWashington will discuss with South Korea measures to limit revenues flowing to Russia, such as a price cap on its oil1 min read
Reuters | Jul 29, 2022Oil Slides 2% On Rising U.S. Fuel Stocks And OutputOil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.3 mins read
Reuters | Jul 29, 2022Mexican Used-Car Startup Kavak Expands Outside Latin AmericaMexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey - its first location outside Latin America, the company said Wednesday.1 min read- Reuters | Jul 29, 2022U.S. Crude Ends Below $95/bbl As EU Tweaks Russian Oil SanctionsTrading in oil futures has been volatile in recent weeks as traders try to reconcile possibilities of further interest rate hikes that could cut demand against tight supply from the loss of Russian barrels.3 mins read
Reuters | Jul 29, 2022EV Maker Rivian Plans To Cut Hundreds Of Jobs - Bloomberg NewsRivian had over 10,000 employees globally, as of Dec 31, 2021, according to the company's filing.1 min read
Reuters | Jul 29, 2022Yellen Discusses Price Cap On Russian Oil With UK's Zahawi - U.S. TreasuryBoth discussed the need to continue to accelerate budgetary support for Ukraine, and opportunities to build on sanctions imposed on Russia0 mins read
Reuters | Jul 29, 2022Explainer: Can Elon Musk Defy A Court If Ordered To Buy Twitter?Twitter Inc has sued Elon Musk to force him to go through with the $44 billion acquisition of the social media company. What happens if Twitter succeeds and the world's richest man, who regularly taunts securities regulators, refuses to comply with the court order?2 mins read
Jaiveer Mehra | Jul 29, 2022TVS Reports 500% Growth in Profit After Tax in Q1 FY2023The company said that its revenue and profit in the first quarter were its highest ever in Q1.2 mins read
