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and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is ....
china is the world s largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to grow its solar energy and battery business to roughly the same size. here s mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the fact that this announcement came when tensions between washington and beijing are quite high, that is quite interesting. as you said, this is a mega factory, to produce mega packs. they are basically very large batteries that can store energy, so that they can help stabilise the power grid and also prevent outages. now, of course, many of our viewers associate tesla with those electric cars and that is where the company generates most of its money from. but the company s boss, elon musk, is very keen to also grow its solar energy and battery ....
Hertz shareholders increase public stock offering, raise $1.3 billion ahead of Nasdaq relisting : Rashtra News Tesla Model 3 electric vehicles at a Hertz neighborhood location.HertzShareholders of Hertz Global Holdings increased the size of their public offering of shares by 20%, ahead of plans to relist the stock on the Nasdaq on Tuesday under the ....
Japan's government-backed fund's US$6 billion investment in a domestic tech company has raised eyebrows, as past investments have often been bailouts for struggling firms. ....
Of the eurovision song contest. airbnb said it had zero tolerance for this behaviour and was taking action to stop hosts cancelling bookings and relisting at a higher price. liverpool is expecting an extra 150,000 visitors during eurovision. despite more strikes affecting airlines and the ensuing chaos at the port of dover ahead of a busy easter travel season, there s no denying travel is back in 2023, thanks to pent up demand for holidays that were put on hold during the pandemic. so how is the industry coping with the rising demand? let s discuss this withjulia lo bue said, the chief executive of advantage travel partnership. it is very different, depends ....