Cars

Reuters

Oct 29, 2022, 10:15 AM

Strikes End At Some Of Total Energies' French Refineries

With an eye on the autumn school break that starts at the end of the week, members of the French government, who forced some fuel depot staff to return to work earlier this week, repeated that a back to normal situation was within reach.

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  Reuters | Oct 29, 2022

  Oil Prices Settle Up; China Demand Hopes Outweigh Recession Worry

  To fight inflation, the U.S. Federal Reserve is trying to slow the economy and will keep raising its short-term rate target, Federal Reserve Bank of Philadelphia President Patrick Harker said on Thursday in comments that weighed on oil.

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  Reuters | Oct 29, 2022

  Russia Poised To Largely Skirt New G7 Oil Price Cap

  The Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.

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  Reuters | Oct 29, 2022

  Amazon.com To Invest Over 1 Billion Euros In European Electric Van, Truck Fleet

  The company did not say what percentage of its European last-mile delivery fleet is electric today, but said those 3,000 zero-emission vans delivered over 100 million packages in 2021.

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  Reuters | Oct 29, 2022

  Chinese EV Battery Maker CATL Expects Q3 Profit To Nearly Triple

  The company is the world's biggest battery maker and accounts for more than a third of global EV battery sales.

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  Reuters | Oct 29, 2022

  Musk Says Excited By Twitter Deal Despite Overpaying

  Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker's quarterly report. The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.

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  Reuters | Oct 29, 2022

  India's Euler Motors Raises $60 Million In GIC Singapore-Led Funding Round

  Euler Motors did not disclose the valuation at which it raised the money in the Series C round, although it said its other investors included Blume Ventures, Athera Venture Partners, QRG Holdings, ADB Ventures and Moglix.

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  Reuters | Oct 29, 2022

  Boosting EU Chip Supplies, STMicroelectronics Plans New Plant In Italy

  As demand soars for chips used in everything from smartphones to cars, supply chain bottlenecks going on for almost two years have created havoc in several global industries, including automotive, healthcare and telecoms.

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  Reuters | Oct 29, 2022

  Buffet-Backed BYD Taps India As Latest Market Amid Global Push

  BYD launched the Atto 3 electric SUV, fitted with its renowned Blade battery technology, with a plan to corner 40% of the country's electric car market by 2030.

  2 mins read