Cars
Reuters
Aug 29, 2022, 9:52 PM
Oil prices plunged around 2%, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.
2 Min
Reuters | Aug 29, 2022Russia-Backed Indian Refiner Nayara Energy Posts Record ProfitIndia's Nayara Energy, part owned by Russian oil major RosneftMM>, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports.2 mins read
Jaiveer Mehra | Aug 29, 2022MG Gloster Facelift Launch on August 31, 2022The teaser reveals little about the update aside from calling the updated SUV, the ‘Advanced Gloster’.2 mins read
Reuters | Aug 29, 2022Hope For Smaller Rate Rises To Lift Wall Street, Oil GainsWall Street headed for another day of gains as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in September.3 mins read
Reuters | Aug 29, 2022Oil Rises As IEA Hikes 2022 Demand Growth ForecastOil prices rose by over 1% after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas prices drive some consumers to switch to oil.2 mins read- Reuters | Aug 29, 2022Oil Rises On Renewed Gasoline Demand, Weak DollarOil prices rose, rebounding from losses early in the session, helped by encouraging figures on U.S. gasoline demand and as lower-than-expected U.S. inflation data drove investors into riskier assets.2 mins read
Reuters | Aug 29, 2022EU Says U.S. Plan For EV Tax Breaks Discriminatory, May Breach WTO RulesThe European Union said it was "deeply concerned" about proposed tax credits for purchases of electric vehicles in the United States because they would be biased against foreign producers and may breach World Trade Organization (WTO) rules.1 min read
Reuters | Aug 29, 2022FedEx Unit To Test Ford's Electric Vans For Parcel DeliveryFedEx Office will pilot Ford Motor Co's electric vans to pickup and deliver parcels in some regions, the unit of FedEx Corp said, as part of the delivery giant's move to cut its fleet's tailpipe emissions.1 min read
Reuters | Aug 29, 2022Tesla Discloses Lobbying Effort To Set Up Factory In CanadaTesla Inc is lobbying the Ontario government as part of an effort to set up an "advanced manufacturing facility" in Canada, a filing by the electric-vehicle maker to the province's Office of the Integrity Commissioner showed.1 min read
