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Auto · 22 Sep 2022
Elon Musk Accuses Twitter Of Security Lapses In Court Filing
Billionaire Elon Musk accused Twitter Inc of fraud by concealing serious flaws in the social media company’s data security, which the entrepreneur said should allow him to…
Auto · 22 Sep 2022
Oil Edges Up As Supply Woes Outweigh Demand And Rate Hike Worries
Oil prices edged slightly higher in volatile trading, as worries of tight supplies outweighed fears that global demand could slow due to a strong U.S. dollar and…
Auto · 22 Sep 2022
India’s August Crude Imports Fall m/m On Monsoon Demand Lull
India’s crude oil imports fell more than 13% in August month-on-month, government data showed, as monsoon rains restricted activity and slowed consumption in the world’s third-biggest oil…
Auto · 22 Sep 2022
Putin Tells Europe: If You Want Gas Then Open Nord Stream 2
President Vladimir Putin denied Russia had anything to do with Europe’s energy crisis, saying that if the European Union wanted more gas it should lift sanctions preventing…
Auto · 22 Sep 2022
Oil Prices Up After Basra Spill, But Log Weekly Decline
Oil prices rose slightly as a spill at Iraq’s Basra terminal appeared likely to constrain crude supply, but remained down on the week on fears that hefty…
Auto · 22 Sep 2022
India Slashes Taxes On Aviation Fuel Exports, Domestic Crude Oil
Indian government lowered taxes on aviation turbine fuel exports to 5 rupees per liter from 9 rupees per liter, a government notification said.
Auto · 22 Sep 2022
Indian Ride-Hailing Firm Ola To Cut 10% Engineering Jobs
India’s Ola will cut about 200 engineering jobs to reduce redundancy across its two main businesses of ride-hailing and electric vehicle manufacturing, the SoftBank Group-backed company said.
Auto · 22 Sep 2022
Canadian Pension Fund OTPP To Buy 30% Stake In India’s Mahindra Renewables Assets
Canadian pension fund Ontario Teachers’ Pension Plan has agreed to buy a 30% stake for 23.71 billion rupees ($297.5 million) in Indian automaker Mahindra’s renewable power assets,…
Auto · 22 Sep 2022
Dutch Students Devise Carbon-Eating Electric Vehicle
The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits.
Auto · 22 Sep 2022
Tesla Is Sued By Drivers Over Alleged False Autopilot, Full Self-Driving Claims
Tesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk’s electric car company of misleading the public by falsely advertising its Autopilot and…