Cars

Reuters
Dec 1, 2022, 1:46 AM
Baidu's electric vehicle (EV) firm Jidu Auto will be one-generation ahead of Tesla in terms of autonomous driving technologies, Baidu chief executive Robin Li said in a statement.
1 Min
Reuters | Dec 1, 2022Chip And Carmaker CEOs Meet Ahead Of Biden SigningOn Tuesday, President Joe Biden will sign legislation to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China.1 min read
Reuters | Dec 1, 2022Russian Crude Prices Recover On Strong India, China DemandSpot prices for Russia's key export crude grade ESPO Blend to Asia have rebounded from all-time lows amid strong demand from top buyers India and China and easing concerns about possible sanctions, several traders said.3 mins read
Reuters | Dec 1, 2022Tensions With U.S. Spur Chinese Buying Of Chipmaking StocksChinese chipmakers' shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi's visit to Taiwan heightened tensions with the U.S., driving patriotic bets on a sector Beijing sees as key to its rivalry with Washington.2 mins read
Reuters | Dec 1, 2022Oil Prices End Week On Multi-Month Lows On Recession FearsOil prices settled higher, recouping some of this week's losses on strong U.S. job growth data, but closed the week at their lowest levels since February, rattled by worries a recession could hit fuel demand.2 mins read
Reuters | Dec 1, 2022Oil Prices Rise From Multi-Month Lows On Supply ConcernsOil prices rose slightly, bouncing off their lowest levels since February, as concern over supply shortages was countered by expected declines in fuel demand.2 mins read
Reuters | Dec 1, 2022Italy, Intel Close To $5 Billion Deal For Chip Factory - SourcesItaly is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters.2 mins read
Reuters | Dec 1, 2022Toyota-Panasonic Battery JV To Buy Lithium From ioneer's Nevada MineA joint battery venture of Toyota Motor Corp and Panasonic Corp will buy lithium from ioneer Ltd's Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the United States.2 mins read
Reuters | Dec 1, 2022China's CATL Reshuffles Management As Billionaire Executive ExitsChina's CATL said its vice chairman and deputy general manager Huang Shilin had resigned and would leave the battery maker to explore business opportunities elsewhere.1 min read









































