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Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe as the region braces for a disruption in gas supplies from Russia.
Auto Supplier Aptiv Cuts Forecast On Europe Gas Supply Worries
Calender
Aug 29, 2022 10:45 PM
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1 mins read
Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe as the region braces for a disruption in gas supplies from Russia.
U.S. Hits The EV Accelerator To Cut Chinese Metals Ties - Report
U.S. Hits The EV Accelerator To Cut Chinese Metals Ties - Report
calender
Aug 29, 2022 10:44 PM
Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles.
Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025
Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025
calender
Aug 29, 2022 10:42 PM
Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.
India's Adani Power To Buy DB Power For Rs. 7,000 Cr.
India's Adani Power To Buy DB Power For Rs. 7,000 Cr.
calender
Aug 29, 2022 10:42 PM
Adani Power Ltd are set to buy thermal power plant operator DB Power for an enterprise value of Rs. 7017 Crore ($879.14 million) as India's largest private thermal power producer looks to expand operations.
Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook
Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook
calender
Aug 29, 2022 10:42 PM
Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.
Bhutan Bans Import Of Most Vehicles As Foreign Exchange Reserves Plummet
Bhutan Bans Import Of Most Vehicles As Foreign Exchange Reserves Plummet
calender
Aug 29, 2022 10:42 PM
Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves.
Oil Prices Down 1.5% For The Week On Recession Jitters
Oil Prices Down 1.5% For The Week On Recession Jitters
calender
Aug 29, 2022 10:42 PM
Oil prices fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.
Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam - Report
Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam - Report
calender
Aug 29, 2022 10:42 PM
Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production.
ONGC Signs Agreement With ExxonMobil For Deepwater Exploration In India
ONGC Signs Agreement With ExxonMobil For Deepwater Exploration In India
calender
Aug 29, 2022 10:42 PM
ONGC said it signed a HoA with global petroleum giant ExxonMobil for deepwater exploration in the country's East and West coasts.

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