[ad_1] LONDON (Reuters) – Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases, but consumption is unlikely to peak in the next
‘Made in Germany’: Tesla sets up shop in Berlin
[ad_1] BERLIN (Reuters) – U.S. electric vehicle pioneer Tesla (TSLA.O) will build its first European factory and design center near Berlin to produce cars “Made in Germany” as it seeks to burnish its reputation for
Cathay Pacific cuts profit guidance for second time amid Hong Kong protests
[ad_1] FILE PHOTO: A Cathay Pacific flight flies over the city of Hong Kong, China September 6, 2019. Picture taken September 6, 2019. REUTERS/Amr Abdallah Dalsh/File Photo (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd
DAMAC’s third quarter profit plunges 78%
[ad_1] The corporate logo of DAMAC, written in English and Arabic, is seen in Dubai, United Arab Emirates, December 31, 2018. Picture taken December 31, 2018. REUTERS/ Hamad I Mohammed/File Photo DUBAI (Reuters) – DAMAC
India’s passive funds set to beat active funds for second year
[ad_1] (Reuters) – India’s passive index-tracking equity funds are set to beat their active stock-picking counterparts in returns for a second successive year as fund managers grapple with volatility and the challenges of outperforming benchmark
Global oil demand growth to slow from 2025 – IEA
[ad_1] LONDON (Reuters) – Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades,
Kiwi takes flight as New Zealand’s central bank surprises by standing pat
[ad_1] SINGAPORE (Reuters) – The beaten-up New Zealand dollar soared 1% on Wednesday after the central bank unexpectedly left interest rates on hold, while most other major currencies were little changed. A woman walks past
Gold becalmed on doubts over U.S.-China trade deal as dollar firms
[ad_1] (Reuters) – Gold prices were little changed on Wednesday after U.S. President Donald Trump dashed investors’ hopes for a positive sign on a U.S.-China trade deal with a speech that gave away little, while
New Zealand central bank holds rates, clips doves’ wings as kiwi soars
[ad_1] WELLINGTON (Reuters) – New Zealand’s central bank surprised investors by holding interest rates at an all-time low of 1% on Wednesday saying it saw no urgency to ease policy further, sending the kiwi dollar
Global Markets: Asian shares slide on trade disappointment, HK unrest
[ad_1] TOKYO (Reuters) – Asian stocks and Wall Street futures fell on Wednesday, as growing worries that U.S.-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets.