Saudi Aramco’s third-quarter profits declined 15.4% year-over-year, but the state-owned oil giant will maintain its substantial dividend payout amid growing pressure on Saudi Arabia’s public …
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The market had gained more than 2% in the previous session, buoyed by the decision from OPEC+ to delay a planned production hike in December.
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INDUSTRY NEWSLatest News
China pressures EU for fair EV trade solution as France defends bloc’s position
The EU launched an anti-subsidy investigation into Chinese-made battery EVs last year, citing concerns about unfair state subsidies.
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China’s leading electric vehicle (EV) manufacturer, BYD, has announced a major ramp-up in its production and hiring efforts as the company continues to capitalise on …
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In a sign of progress in the ongoing trade dispute between China and the European Union over electric vehicle (EV) tariffs, the Chinese commerce ministry …
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Oil prices have surged over 2% on Monday, with Brent futures climbing to $74.81 per barrel and West Texas Intermediate (WTI) crude reaching $71.30 per …
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INDUSTRY NEWSLatest News
Mitsubishi and Nissan to collaborate on autonomous driving and EV battery services
In a move that signals a deepening collaboration between two of Japan’s automotive and industrial powerhouses, Mitsubishi Corporation and Nissan Motor Company have announced plans …
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The rear spoiler enhances the aerodynamic characteristics of the Verna while the new colour option takes the total available monotone options to eight.
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In 2023, Czech Republic produced 1.4 million vehicles, making it one of Europe’s largest automotive manufacturers per capita.
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Luca de Meo, the Chief Executive Officer of French automaker Renault, has stated that these tariffs are based on rules set by the World Trade …