Auto Industry
Reuters
Jul 28, 2022, 11:04 PM
Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in three months on a strengthening dollar, COVID-19 curbs in top crude importer China, and rising fears of a global economic slowdown.
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Reuters | Jul 28, 2022Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession FearsOil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession.2 mins read
Reuters | Jul 28, 2022Tata Motors Aims To Sell 50,000 EVs In This Fiscal YearTata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting on Monday.1 min read
Reuters | Jul 28, 2022Oil Settles Higher On U.S. Inventory Drop, Russia Gas CutsOil settled up more than $2 on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and a U.S. interest rate hike.1 min read
Reuters | Jul 28, 2022India's Reliance Industries Profit Surges, Powered By Oil BusinessIndia's Reliance Industries Ltd reported a 46.3% jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business.2 mins read
Reuters | Jul 28, 2022Twitter Has Legal Edge In Deal Dispute With MuskMusk's main claim against Twitter is that the San Francisco-based company breached their deal because it will not share with him enough information to back up its claim that spam or fake accounts constitute less than 5% of its active users.4 mins read
Reuters | Jul 28, 2022Baidu Unveils Autonomous Vehicle Without Steering WheelChina's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year.2 mins read
Reuters | Jul 28, 2022Elon Musk Seeks To Block Twitter Request For Expedited TrialMusk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.1 min read
Reuters | Jul 28, 2022Hyundai Motor Launches First Electric Sedan, Taking On TeslaThe Hyundai electric sedan will have a driving range of about 610 kilometres (380 miles), around 30% more than the Ioniq 5 crossover, Hyundai said.2 mins read
