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Auto · 29 Jul 2022
U.S. Crude Ends Below $95/bbl As EU Tweaks Russian Oil Sanctions
Trading in oil futures has been volatile in recent weeks as traders try to reconcile possibilities of further interest rate hikes that could cut demand against tight supply…
Auto · 29 Jul 2022
Mexican Used-Car Startup Kavak Expands Outside Latin America
Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey – its first location outside Latin…
Auto · 29 Jul 2022
Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns…
Auto · 29 Jul 2022
Yellen Says To Discuss With Seoul Price Cap On Russia Oil, Limits On N.Korea
Washington will discuss with South Korea measures to limit revenues flowing to Russia, such as a price cap on its oil
Auto · 29 Jul 2022
Factbox: Biden Set To Tackle Oil, Israel, Yemen, Iran On Saudi Trip
Biden has called on the kingdom and other Gulf producers to raise oil output to help stabilise prices, which have surged as a result of a strong rebound…
Auto · 29 Jul 2022
TVS Reports 500% Growth in Profit After Tax in Q1 FY2023
The company said that its revenue and profit in the first quarter were its highest ever in Q1.
Auto · 29 Jul 2022
LetsTransport And SUN Mobility Join Hands For Battery Swapping Technology
In the next one year, SUN Mobility and LetsTransport are planning to deploy 2000 last mile connectivity EVs in India.
Auto · 28 Jul 2022
Buying A Used Scooter? Here Are Our Top 5 Picks
If you are looking for a capable scooter, but are on a tight budget, then the used two-wheeler market will be your best option. Here are 5 scooters…
Auto · 28 Jul 2022
Stocks, Oil Struggle To Hold Ground As Minutes Show Fed Rally Around Rate Hikes
Oil struggled to stay above $100 a barrel, dropping to a 12-week low on recession fears earlier in the trading day. In the afternoon, Brent crude ended down…
Auto · 28 Jul 2022
Oil Steadies As China COVID Fears Face Tight Supply Concerns
The market was rattled earlier in the session by news that China had discovered its first case of a highly transmissible Omicron subvariant in Shanghai that could lead…