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Auto · 30 Jul 2022
Chip Stocks Hammered As Micron Forecast Signals Waning Demand
Top memory chip maker Samsung Electronics, in an attempt to check an inventory glut, temporarily halted new procurement orders and asked some suppliers to delay or cut shipments…
Auto · 30 Jul 2022
Google Maps Launches Street View In India After 11-Year Wait
The Indian launch comes after Google was denied permission at least twice in the last decade by the government over security concerns.
Auto · 30 Jul 2022
Brazil’s Bolsonaro Says Deal Close To Buy Cheaper Diesel From Russia
Bolsonaro, a far-right former army captain, gave no further details. Neither Bolsonaro’s office, nor Brazil’s Mining and Energy Ministry immediately responded to requests for comment.
Auto · 30 Jul 2022
Samsung SDI Breaks Ground For $1.3 Billion Battery Factory In Malaysia
The batteries are expected to be used for various applications ranging from power tools and micro-mobility to electric vehicles (EVs), it said.
Auto · 30 Jul 2022
Bhubaneswar Adds 10 Electric Buses To Public Transport Fleet
The city also inducted 50 e-rickshaws with the service being flagged off by Odisha Chief Minister Naveen Patnaik on July 29.
Auto · 30 Jul 2022
Exxon Posts Record-Breaking Second-Quarter Profit
Oil and natural gas prices have scaled multi-year highs this year as Western sanctions against major exporter Russia squeezed an already under-supplied global market.
Auto · 30 Jul 2022
Factbox – Indian Importers Feel Heat As Rupee Depreciates Over 7%
India meets 85% of its crude oil needs through imports, so the rupee’s depreciation has added to the retail cost of petrol, diesel and cooking gas.
Auto · 30 Jul 2022
Wildcat Discovery Raises $90 Million For High Energy Density EV Batteries
The Series D funding round was led by Koch Strategic Platforms, the investment arm of industrial conglomerate Koch Industries, and included investments from Eastman Kodak and venture capital…
Auto · 30 Jul 2022
Big Oil’s Q2 Profits Hit Record $50 Billion – With BP Yet To Come
The world’s largest energy companies, including TotalEnergies, Exxon Mobil and Chevron are ramping up buyback programmes despite criticism that they are not moving swiftly enough to increase oil…
Auto · 30 Jul 2022
India Allows Bharat PetroResources To Invest Extra $1.6 Billion In Brazil Oil Project
BPRL, the exploration arm of state-run Bharat Petroleum Corp, holds 40% stake in BM-SEAL-11 project, while the remainder is held by Brazil’s national oil company Petrobras.