Latest News
Oil Rebounds From Early Plunge After Saudis Deny OPEC+ Output Report
Oil prices rebounded from early losses after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.
Global Stocks, Oil Prices Slip As Rising COVID Cases Prompt Chinese Lockdowns
Nov 27, 2022 10:10 PM
Global stocks and oil prices slipped as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities to reinstate lockdowns.
Mahindra Launches XUV700 In South Africa; Kick Starts New Expedition In The Continent
Nov 27, 2022 10:08 PM
Mahindra is hosting a 3 stage expedition with the first one - Karoo Expedition - already over, and the second expedition - XUV700: Explore Active Living - set to kick off soon.
First Hero-Harley Co-Developed Bike Likely To Hit Market In Two Years
Nov 27, 2022 09:08 PM
A bike jointly developed by Hero MotoCorp and Harley-Davidson could hit the market in the next two years.
Oil Rises 1% As OPEC+ Focus On Supply Cuts Outweighs Recession Concerns
Nov 27, 2022 06:23 PM
Oil prices rose about 1% after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps to balance the market.
Indian Refiners Becoming Wary Of Buying Russian Oil As EU Sanctions Loom - Report
Nov 27, 2022 06:20 PM
Indian refiners are wary of buying Russia crude oil loading after Dec. 5 when European Union sanctions take effect, pending clarity on the proposed G7 price cap mechanism.
India's October Fuel Demand Rises On Festive Season Boost
Nov 27, 2022 06:12 PM
India's fuel consumption rose to its highest in four months in the festival month of October.
Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment
Nov 27, 2022 06:09 PM
Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in the EV maker.
Uber-Rival Beat Withdraws From Latin America
Nov 27, 2022 06:07 PM
Ride-sharing app Beat is withdrawing from Latin America to focus on its European operations.
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