Dollar falls on prospect of rate cut; yen declines on political uncertainty
The dollar fell on Monday after Friday’s weak U.S. jobs report reinforced expectations of a Federal Reserve rate cut this…
OPEC publishes new compensation schedule for oil overproduction
On Monday, OPEC published a compensation schedule for six of its members for the period between last month and June…
China’s BYD will locally manufacture all electric vehicles for Europe by 2028, according to an executive.
BYD, China’s largest automaker, will locally produce electric vehicles for sale in Europe within three years, helping it avoid EU…
Apple shares trade optimistically, but Jefferies warns that Q4 could disappoint
The recent rally in Apple’s stock price has incorporated optimism around regulatory relief and future AI products, but Jefferies analysts…
Tesla’s future tied to Musk and his ambitions in AI—Morgan Stanley
Tesla’s long-term prospects are closely tied to CEO Elon Musk and the company’s ambitions in artificial intelligence, Morgan Stanley analysts…