Latest News
2023 BMW S 1000 RR Revealed; Gets More Power, Tech Than Before
BMW Motorrad took the wraps off the updated S 1000 RR, its flagship sportbike. Now it gets more tech than ever before.
Japan To Give Micron Tech Up To $320 Million To Boost Hiroshima Chip Output
Sep 30, 2022 05:27 PM
The financial aid announcement, which follows the visit to Japan by U.S. Vice President Kamala Harris, is the latest example of growing cooperation between Washington and Tokyo in chip manufacturing amid increasing tension and an intensifying technology rivalry with China.
Mahindra Roxor In Legal Trouble Again; Stellantis Looks To Permanently Ban Its Sale In The US
Sep 30, 2022 03:50 PM
The 6th U.S. Circuit Court of Appeals said that a Detroit federal court applied the wrong standard when it found that Mahindra's post-2020 Roxors were unlikely to cause consumer confusion.
U.S. Imposes New Sanctions On Iran Oil Exports, Targets Chinese Firms
Sep 30, 2022 11:14 AM
The United States imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.
Argentine Oil Workers Strike After Refinery Explosion Kills Three
Sep 30, 2022 11:10 AM
Argentina's largest oil union said it launched an indefinite strike after an explosion at a refinery in the western province of Neuquen killed three.
India's Reliance Unit To Buy 20% Stake In Caelux In Renewable Energy Push
Sep 30, 2022 11:06 AM
Indian oil-to-chemicals conglomerate Reliance Industries Ltd said its unit Reliance New Energy Ltd would buy a 20% stake for $12 million in solar technology developer Caelux Corp to produce more powerful and lower cost solar modules.
Oil India Sees 'Healthy' Profit In September Gtr Despite Windfall Tax
Sep 30, 2022 11:04 AM
Oil India Ltd is expecting a "healthy profit" for the quarter ending Sept. 30 despite a levy of windfall tax on crude sales, Harish Madhav, head of finance at India's state-run oil producer, said.
Oil Prices Slide $2/bbl; Settle At 9-Month Lows On Dollar Strength
Sep 30, 2022 11:01 AM
Oil prices fell $2 a barrel, settling at nine-month lows in choppy trade, pressured by a strengthening dollar as market participants awaited details on new sanctions on Russia.
Colombia Gov't Agrees To Ease Tax Changes To Oil, Mining
Sep 30, 2022 10:58 AM
Colombia's government agreed to modify a tax reform proposal under debate in congress and continue to allow oil and mining companies to deduct royalty payments from their taxes in the wake of a wave of industry criticism.
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