Goldman Sachs unveils Amazon-backed cloud service for Wall Street trading firms

David Solomon, CEO of Goldman Sachs & Co. , listens during the Milken Institute Global Conference in Beverly Hills, California, US, on Monday, April 29, 2019. Kyle Grelot | Bloomberg | Getty Images Goldman Sachs enters the field of cloud computing. The bank is opening up access to its suite of market data and software … Read more

New homes in England must have electric vehicle charging points

A charging cable connected to a Volvo electric car in London on November 18, 2020. Tulga Akmen | AFP | Getty Images New homes in England will be required to have charging points for electric cars, according to plans announced by UK authorities. “We are implementing regulation where we require new homes and buildings to … Read more

Tesla stock had its worst week in 20 months after Musk sold shares

SpaceX owner and Tesla CEO Elon Musk points during a conversation at the E3 gaming conference in Los Angeles, June 13, 2019. Mike Blake | Reuters Tesla shares fell 15.4% for the week starting Friday’s close after CEO Elon Musk began plans to sell a massive batch of his holdings this week. It marks Tesla’s … Read more

Northvolt produces battery with recycled nickel, manganese, cobalt

Christian Boxey | Bloomberg Creative Photos | Getty Images Swedish battery company Northvolt said on Friday it had produced its first battery cell with what it described as “100% recycled nickel-manganese and cobalt”. In a statement, the Stockholm-based company — which has attracted investment from Goldman Sachs and Volkswagen, among others — said the lithium-ion … Read more

Chinese consumers pick favorite electric cars from China, US, Germany

Stefan Wallenstein, CEO of Volkswagen China, presented the new ID.6 Crozz electric car during the Shanghai International Automobile Industry Exhibition on April 19, 2021. Hector Rietmal | AFP | Getty Images BEIJING — When it comes to their preferred brand of electric vehicles, the best option for Chinese consumers is BYD backed by Warren Buffett, … Read more

Tesla’s China sales have grown to nearly half the sales in the U.S.

Tesla China Model 3 cars are seen during a delivery event at its factory in Shanghai, China, January 7, 2020. on the song | Reuters BEIJING – Tesla’s sales in China are now nearly half of what the US automaker sells Elon Musk’s electric vehicle maker reported $3.11 billion in sales in China in the … Read more

UBS picks 10 global stocks set to rally on a $1 trillion pandemic spending boom

Autos in the factory production line. Monte Raccoon | Image source | Getty Images Analysts at UBS have named global stocks they say will benefit from shoppers’ spending of the more than $1 trillion they’ve saved during the coronavirus pandemic — and 10 of them have at least a 30% upside potential. .