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Reuters

Jul 28, 2022, 10:10 PM

Oil Rises 2% As No Immediate Saudi Output Boost Expected

Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.

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  Reuters | Jul 28, 2022

  Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired

  The head of Libya's National Oil Corp (NOC) rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.

  3 mins read
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  Reuters | Jul 28, 2022

  Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023

  Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods, the company said on Wednesday as it announced a 3 billion euro investment in chip production.

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  Reuters | Jul 28, 2022

  Renault: Expects Higher Production Of Semi-Conductors In Second Half Of This Year

  Renault is seeing some improvement regarding the availability of semi-conductors.

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  Pratik Rakshit | Jul 28, 2022

  Tata Motors Signs MoU With EC Wheels India; To Supply 1,000 Xpres-T EVs

  The deliveries of the Tata Xpres-T electric sedans to EC Wheels India will commence in phases.

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  Pratik Rakshit | Dec 18, 2023

  2022 Hyundai Tucson Level 2 ADAS Features Explained

  Unlike our usual reviews, this time we were in the passenger seat of the 2022 Hyundai Tucson and not testing out the car's ADAS features but instead experienced it to gain some perspective as a co-passenger.

  5 mins read
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  Reuters | Jul 28, 2022

  Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key

  Tesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.

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  Reuters | Jul 28, 2022

  Herbert Diess, Volkswagen's Disruptor-In-Chief, Runs Out Of Road

  Diess will leave Volkswagen on Sept. 1, three years before his contract was supposed to end, with many of the goals he set as the German auto giant's disruptor-in-chief unfinished and uncertain.

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  Pratik Rakshit | Jul 27, 2022

  Maruti Suzuki India Q1 FY 2023 Results: Net Profit Grows By 79 Per Cent

  During the quarter, Maruti Suzuki registered net sales of Rs. 25,286.3 crore as against Rs. 16,798.7 crore, clocking a growth of 40 per cent.

  2 mins read