Oil Slumps As Shanghai Shuts To Curb COVID Surge
MELBOURNE (Reuters) – Oil prices fell more than $3 in early trade on Monday on prospects of a drop in…
Exclusive-U.S. Boost Fines For Automakers Not Meeting Fuel Economy Rules In Tesla Win
WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) has reinstated higher penalties for automakers failing to meet fuel…
Uncertain Path For Oil Markets In Coming Days
By David Gaffen (Reuters) – The crude oil market heads into another week of uncertainty, buffeted on one side by…
Tesla To Halt Shanghai Factory Production Amid COVID Curbs, Bloomberg News Reports
(Reuters) – Tesla Inc is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News…
Chinese, U.S. Regulators Are Working Hard On Solution To Audit Dispute – Chinese State Media
SHANGHAI (Reuters) – Chinese regulators and their U.S. counterparts are working hard to solve an audit dispute affecting U.S.-listed Chinese…
Daimler Truck Sees Electric Trucks Costs Staying High, FT Says
(Reuters) – The chief executive of Daimler Truck said electric truck costs would “forever be higher” than those using combustion…
French Retailer Auchan Says It Plans To Remain In Russia, Ukraine Calls For Boycott
PARIS (Reuters) – Privately-owned French retailer Auchan plans to maintain its presence in Russia, its CEO said in an interview…
Grocery Workers Vote To Strike If Needed In Southern California For Higher Wages
(Reuters) – Around 48,000 grocery workers voted to strike if needed when seeking higher wages from stores owned by Kroger…
India’s Largest Multiplex Operators To Merge, Creating Cinema Giant
NEW DELHI (Reuters) – India’s two largest multiplex firms said on Sunday they would merge to create a giant cinema…
Second ‘black box’ found in China Eastern plane crash
BEIJING (AP) — The second “black box” from a China Eastern Boeing 737-800 was found Sunday, raising hopes that it…