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Month: February 2020

Category:
  • Electric Cars
  • Germany

Audi Suspends Electric Vehicle Production Due To Battery Shortage

Today in “news that affects all electric vehicle manufacturers but definitely not Tesla stock”, Audi has announced that it has suspended production of its e-Tron electric SUV effective February 20 Continue Reading

Posted On : 26 Feb 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Jesuit order to ditch fossil fuels from $500 million equity portfolio

Catholic religious order Jesuits in Britain will ditch fossil fuel companies from its $500 million equity portfolio by the end of the year, it said on Wednesday, citing corporate failure Continue Reading

Posted On : 26 Feb 2020 Published By : Tom Whipple
Category:
  • Germany

German economy nears stagnation in first quarter with coronavirus outbreak

Germany’s economy is nearing stagnation in the first quarter due to the coronavirus outbreak, the DIW economic institute said on Wednesday, adding that the German industry would be particularly hit Continue Reading

Posted On : 26 Feb 2020 Published By : Tom Whipple
Category:
  • Electric Trucks
  • Sweden

Electric truck ready for dynamic wireless charging on public roads in Sweden; Smartroad Gotland

ElectReon has successfully wirelessly charged a fully electric 40-ton truck and trailer at a test facility in Sweden. The next step will be to charge the truck through dynamic wireless Continue Reading

Posted On : 26 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Global Stocks Stabilize After Deep Selloff

Global stocks and U.S. futures held steady Tuesday after escalating concerns about the economic impact of the coronavirus triggered a sharp selloff on Wall Street a day earlier. Futures tied Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Wall Street plunges on fears of coronavirus pandemic

The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil sinks 4% on demand concerns as coronavirus spreads

Oil prices slumped by nearly 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude. Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple
Category:
  • Economy

Finance Ministers Grapple Over Economic Threat of Climate Change

The United States, under pressure from European countries to address the economic threat of climate change, agreed on Sunday to include a reference to those risks in a joint statement Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple
Category:
  • coronavirus

World must avert ‘dramatic’ effects of coronavirus on health, economy: U.N.’s Guterres

United Nations Secretary-General Antonio Guterres on Monday urged countries to prevent the novel coronavirus epidemic from spiraling into a crisis with “dramatic consequences” for global health and the world economy. Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple
Category:
  • coronavirus

Virus outbreak chills markets, outlook for global economy

The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid concerns that global output could Continue Reading

Posted On : 25 Feb 2020 Published By : Tom Whipple

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