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Benchmark Yield At Near 4-Month High On Spike In U.S. Yields, Oil
The high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.
Oil Falls By Nearly 2% As Recession Fears Outweigh Tight Supply Prospects
Oct 27, 2022 06:12 PM
Oil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.
Iran Toughens Crackdown As Some Oil Workers Reported To Join Protests
Oct 27, 2022 06:08 PM
Protests have swept Iran since Mahsa Amini, a 22-year-old from Iran's Kurdish region, died on Sept. 16 while being held for "inappropriate attire", marking one of the boldest challenges to the Islamic Republic since the 1979 revolution.
Oil Settles Lower On China COVID Flare-Up, Recession Fear
Oct 27, 2022 06:04 PM
World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem.
Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Oct 27, 2022 06:03 PM
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.
Long Petrol Queues In Tunisia Stir Anger After Promise Of Fuel Deliveries
Oct 27, 2022 06:02 PM
Many petrol stations started running out of fuel over the weekend as imports slowed and national supplies dropped, leading to lines of cars stretching kilometres in some places, causing bad traffic in Tunisian cities.
Hyundai's Air Taxi Unit Picks Honeywell As Avionics Supplier
Oct 27, 2022 05:41 PM
Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.
Ukraine To Impose Electricity Supply Restrictions
Oct 27, 2022 05:30 PM
Ukraine has started restricting electricity supplies across the country after Russia knocked out more power plants.
Slovakia's InoBat Eyes Electric Car Battery Plant In Spain
Oct 27, 2022 05:22 PM
The declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.
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