Auto Industry
car&bike Team
May 30, 2022, 12:22 AM
Joe Biden said he was weighing cutting tariffs on Chinese goods while increasing calls on OPEC to raise oil production
1 Min
car&bike Team | May 29, 2022Sri Lanka To Default On Debt, No Money For Fuel, Minister SaysSri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.1 min read
car&bike Team | May 29, 2022Qatar Looks To Bolster Spain's EU-Funded COVID Recovery Projects, Supply More LNGThe bilateral deal represents the first major agreement between a European nation and a non-EU country aimed at leveraging the reach of the EU's Next Generation programme1 min read
car&bike Team | May 29, 2022Equities Bounce Back While Yields, Oil Prices DropU.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) data1 min read
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
