Cars
Reuters
Jul 28, 2022, 11:12 PM
Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.
2 Min
Reuters | Jul 28, 2022Musk Says Tesla Could Lower Car Prices If Inflation SlowsTesla Inc Chief Executive Officer Elon Musk said the electric automaker could lower prices for cars if inflation calms down.1 min read
Reuters | Jul 28, 2022Tata Motors Aims To Sell 50,000 EVs In This Fiscal YearTata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting on Monday.1 min read
Reuters | Jul 28, 2022Oil Settles Higher On U.S. Inventory Drop, Russia Gas CutsOil settled up more than $2 on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and a U.S. interest rate hike.1 min read
Reuters | Jul 28, 2022Elon Musk Seeks To Block Twitter Request For Expedited TrialMusk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.1 min read
Reuters | Jul 28, 2022S.Korea Willing To Back U.S. Plan To Cap Russian Oil PriceSouth Korea said it was willing to support U-S. led plans to impose a price cap on Russia oil, agreeing with Washington's initiatives to limit revenue to Moscow while mitigating global inflation.1 min read
Reuters | Jul 28, 2022Stocks Flat, Oil Gains As Rate Hikes Loom Following Strong Jobs DataWall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may push further interest rate hikes to cool the economy and slow inflation.2 mins read
Reuters | Jul 28, 2022Oil Rises 2% As No Immediate Saudi Output Boost ExpectedOil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.3 mins read
Reuters | Jul 28, 2022Libya's Oil Chief Rejects Sacking, Says Govt Mandate ExpiredThe head of Libya's National Oil Corp (NOC) rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.3 mins read
