Auto Industry
car&bike Team
May 29, 2022, 9:17 PM
U.S. Treasuries rallied, with the yield on the benchmark 10-year note tumbling from a more than three-year high to below 3% as investors reassessed the inflation outlook before U.S. consumer price index (CPI) data
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car&bike Team | May 29, 2022Oil Tumbles About 6% As China COVID Lockdowns WeighCrude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.1 min read
car&bike Team | May 29, 2022U.N. Official Still Hopes Musk Will 'Step Up' To Fight World HungerDavid Beasley, the U.N. World Food Programme official who clashed with Elon Musk on Twitter last year, said he hadn't given up on the Tesla billionaire contributing to the fight against world hunger.1 min read
car&bike Team | May 29, 2022Thousands Queue For Petrol, Gas In Sri Lanka Amid Warnings Of Food ShortagesLines formed in many parts of Colombo, a city of around 900,000 people, as residents tried to stock up on fuel, which is mostly imported and is in extremely short supply1 min read
car&bike Team | May 29, 2022Tesla Cut From S&P 500 ESG Index, And Elon Musk Tweets His FuryAn S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles1 min read
car&bike Team | May 29, 2022Oil Edges Higher On Tight Supply, Rising U.S. Refining ActivityBrent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West Texas Intermediate (WTI) crude for July delivery ended up 56 cents to $110.33 a barrel.1 min read
car&bike Team | May 29, 2022France Sanguine Differences Over EU Ban On Russian Oil Will Be ResolvedFrance's new foreign minister said she was optimistic that those still opposed to a new European Union sanctions package that would phase out Russian oil imports to the bloc could be convinced and that the bloc would reach a deal.1 min read
car&bike Team | May 29, 2022Tata Motors Gets Nod From Gujarat Government To Takeover Ford's Sanand Plant - ReportTata Motors Plans to manufacture 2 lakh EVs annually at the Sanand plant by the year 2026.1 min read
car&bike Team | May 29, 2022Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled OutOil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.1 min read
