Toyota to invest $338 million in new hybrid, flex car in Brazil
SAO PAULO (Reuters) -Toyota Motor Corp said on Wednesday it will invest 1.7 billion reais ($337.68 million) to manufacture a…
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Record demand pushes silver into new era of deficits, Silver Institute says
LONDON (Reuters) – Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces,…
Biden’s push for electric vehicles hits deep in the heart of Texas
By Norihiko Shirouzu and Joseph White SAN ANTONIO, Texas (Reuters) – At Toyota Motor Corp’s sprawling factory here, just 16…
Stellantis recalls 131,700 Ram trucks over powertrain software issue – NHTSA
(Reuters) – Stellantis will recall 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue, the…
Shanghai auto show crowds flock to BYD’s Seagull
By Casey Hall SHANGHAI (Reuters) – At the Shanghai auto show this week, the largest crowds can be found around…
Canadian housing starts slow as BoC rate hikes weigh
By Fergal Smith TORONTO (Reuters) -Canadian housing starts fell more than expected in March, contributing to a slower trend in…
U.S. crude stockpiles fall as refinery runs, exports rise- EIA
By Laura Sanicola (Reuters) -U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose,…
Morgan Stanley’s dealmaking CEO Gorman signals more purchases to come
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley plans to buy more wealth and asset management businesses,…
Factbox-How big U.S. banks are managing bad loan reserves
(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans,…
Sudan’s army chief, the warlord and a feud that risks civil war
By Michael Georgy DUBAI (Reuters) – A battle that is hammering Khartoum and dragging Sudan to the brink of civil…