Latest News
Oil Prices Down, Investors Expect Big Fed Rate Hike
Oil prices dipped following other risk assets lower, as the dollar stayed strong and investors anticipated more central bank interest-rate hikes designed to quell inflation.
Rampant Nigeria Oil Theft Is 'Treason', House Speaker Says
Sep 30, 2022 05:28 AM
Crude oil theft in Nigeria, which is blamed for throttling output and exports, is tantamount to treason that should be punished by the stiffest possible penalty, the Speaker of the House of Representatives said.
Oil Edges Up As Supply Woes Outweigh Demand And Rate Hike Worries
Sep 30, 2022 05:28 AM
Oil prices edged slightly higher in volatile trading, as worries of tight supplies outweighed the rest.
Ola Electric Ventures Abroad, To Enter Nepal Next Quarter
Sep 30, 2022 05:27 AM
Ola is looking to take its e-scooters global, starting with Nepal, as it seeks to tap into a growing international market for electric vehicles.
Faraday Future Says 'Misinformation Campaign' Hurt Fundraising Efforts
Sep 30, 2022 05:27 AM
Faraday Future said a "misinformation campaign" has affected its fundraising efforts.
Mahindra In Talks To Raise Up To Rs. 4,000 Crore For EV Push - Report
Sep 30, 2022 05:27 AM
Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build EVs.
Tesla Recalls Nearly 1.1 Million U.S. Vehicles To Update Window Reversing Software
Sep 30, 2022 05:27 AM
Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.
California Regulator Sees 2035 EV Mandate As 'Sweet Spot'
Sep 30, 2022 05:26 AM
California's choice of 2035 as the deadline to end gasoline-only new car sales was the "sweet spot", the head of the state's clean air regulator said.
Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In Fundraising
Sep 30, 2022 05:26 AM
Lotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.
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