Finance

Tesla share price

Tesla share price has fallen by approximately 13% this week (as of 06/07/17) reducing the company’s market value by nearly $8 billion. Increased competition in the electric car market, safety test results and lower deliveries played a part. Tesla lost its status as most valuable US car maker. My guess …

Finance

US Job data

US non-farm payroll data shows the US created more jobs in June than analysts expected – according to the Bureau of Labor Statistics. 222,000 jobs were created in June. The DOW futures pushed up 50 pts on this news. April & May’s figures were also revised upwards. Let’s see what …

Finance

Tesla to create giant battery system

Tesla is planning to build a giant lithium ion battery linked to a wind farm in Australia. This will be the world’s largest battery system ever installed. ‘It will be a 100-megawatt battery’, Elon Musk CEO of Tesla confirmed – ‘the next biggest battery in the world is 30 megawatts’. …

News

Weak UK economic data reported

Weak UK economic data reported The Office for National Statistics (ONS) has been busy with their data releases this morning. Three sets of data reported… (1) The UK’s trade deficit widens in May. The deficit for goods and services increased by £1 billion to £3.1 billion according to the ONS. …

News

EU and Japan Trade Agreement

EU and Japan Trade Agreement The European Union and Japan agree a free trade deal. Presumably this agreement will strengthen the EU leadership and leave the UK on the outside of the benefits. European council president Donald Tusk and European commission president Jean-Claude Junker must be delighted. All leaders hail …

News

End of Petrol and diesel in France?

End of Petrol and diesel in France? I noticed a very interesting report recently that really grabbed my attention. The end of petrol & diesel engines The ecology minister for France, Nicolas Hulot, has a vision that by 2040 you will not be able to buy a diesel or petrol …

Money

Cash is king!

Cash is king! Cash is king and is still a popular payment system world-wide and resilient against the ever increasing rise of cashless payment systems. De La Rue, the biggest and oldest commercial producer of banknotes in the world, suggest that some 37% of the world’s population don’t have a …