Auto Industry
car&bike Team
May 31, 2022, 7:53 PM
EU leaders have reached an agreement "in principle" on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday.
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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- car&bike Team | May 31, 2022EU Bans Most Russian Oil; Zelenskiy Calls Donbas Situation 'Extremely Difficult'European Union leaders agreed to ban most imports of Russian oil to the 27-nation bloc as Ukrainian and Russian forces battled on the outskirts of Sievierodonetsk, the last city still held by Kyiv in Ukraine's strategic Luhansk province.1 min read
car&bike Team | May 31, 2022Israel Signs Major Trade Deal With Gulf State UAEThe council predicts there will be almost 1,000 Israeli companies working in or through the UAE by the end of the year doing business with South Asia, the Far East and Middle East.1 min read
car&bike Team | May 31, 2022Oil Prices Extend Gains After EU Bans Most Russia Oil ImportsEuropean Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 20221 min read
car&bike Team | May 31, 2022Global Refiners Falter In Efforts To Keep Up With DemandRefiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers1 min read
car&bike Team | May 31, 2022India 10-Year Bond Yield Rises To 3-Week High; GDP Data In FocusIndia's benchmark 10-year bond yield touched a three-week high in early trade, as global crude oil prices rose further raising concerns over the need for the central bank to tighten monetary policy to contain inflation.1 min read
car&bike Team | May 31, 2022Oil Jumps 4% As U.S. Gasoline Prices Hit Record HighOil prices rose about 4% as U.S. gasoline prices jumped to a record high.1 min read
