Oil on Track for Sharpest Weekly Decline since March

SINGAPORE, Oct 6 Reuters Oil prices were on track for their steepest weekly decline since March despite rising on Friday, driven by concerns that higherforlonger interest rates will slow global growth and hammer fuel demand. Both benchmarks had surged to 2023 highs last week, but Brent has dropped 11.6 and WTI by about 9 this […]
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Hyundai, Kia to Adopt Tesla EVCharging Standard from 2024 in US

SEOUL, Oct 5 Reuters Hyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc39;s electric vehicle EV charging technology in the United States. Joining their global peers, including Ford Motor, General Motors and Nissan in adopting Tesla39;s North American Charging Standard NACS, Hyundai39;s and Kia39;s moves take the Elon Muskled company39;s superchargers closer to becoming […]
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Frances EDF to Withdraw from Solar Project in Colombia

BOGOTA, Oct 5 Reuters French energy company EDF Renewables on Thursday said it will withdraw from a solar energy project in central Colombia due to delays in permits, as well as regulatory and tax changes. The announcement represents the latest setback for Colombia39;s energy transition, where many renewable projects have stalled despite President Gustavo Petro39;s […]
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Dollar Heads for 12Week Winning Streak, US Payrolls Loom

SINGAPORE, Oct 6 Reuters The dollar charged toward a 12week winning streak on Friday, though it remained mostly rangebound as markets looked to U.S. nonfarm payrolls data later in the day for clues on whether the Federal Reserve39;s hawkish messaging on rates will need tweaking. The dollar index , which earlier in the week hit […]
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