Auto Industry

car&bike Team
May 31, 2022, 8:12 PM
Russian importers are reaching out to small Indian businesses to secure fresh produce, auto parts, medical devices and other key goods that are growing scarce due to international sanctions, people familiar with the matter in both Russia and India said.
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car&bike Team | May 31, 2022Hungary's Orban Says EU Summit Should Not Discuss Oil Sanctions Next WeekThe EU's proposed new sanctions against Russia, including an oil embargo, should not be discussed at next week's summit of the bloc's leaders, Hungarian Prime Minister Viktor Orban said in a letter to the President of the European Council.1 min read
car&bike Team | May 31, 2022Two Senior Grab Executives Quit As Company Rejigs Unit To Stem Losses - ReportTwo top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.1 min read
car&bike Team | May 31, 2022Analysis-How The Ukraine Conflict Is Reshaping Global Oil MarketsRussia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.1 min read
car&bike Team | May 31, 2022EU, Resolving A Deadlock, In Deal To Cut Most Russia Oil ImportsEuropean Union leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, resolving a deadlock with Hungary over the bloc's toughest sanction yet on Moscow since the invasion of Ukraine three months ago.1 min read
car&bike Team | May 31, 2022Mexico Accepts U.S. Request For Labor Probe Into PanasonicMexico's Economy Ministry has accepted a U.S. request to probe alleged labor abuses at a Panasonic auto parts plant in the northern border city of Reynosa, it said on Monday.1 min read
car&bike Team | May 31, 2022EU Leaders Agree "In Principle" On Russia Oil Embargo - ReportEU leaders have reached an agreement "in principle" on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday.1 min read
car&bike Team | May 31, 2022China Unveils Detailed Stimulus Policies To Support Virus-Hit EconomyChina's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.1 min read
car&bike Team | May 31, 2022Sri Lankan Woman Rickshaw Driver Has To Queue 12 Hours, Or More, For FuelLasanda Deepthi, a 43-year-old Sri Lankan woman, plans her day around fuel queues.1 min read














































