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Global economy of future, with or without the US

At a global economic conference last weekend, the US was everywhere and nowhere. In conversations at the World Economic Forum’s Global Future Councils, people wrestled with challenges to the global trading system, developing infrastructure for the 21st century, and restoring trust in experts and leadership. Donald Trump was never far off — his election being a kind of shorthand for ...

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Tesla’s power plant on wheels won’t upend trucking

Is Tesla Inc.’s Semi on the verge of doing to the trucking industry what the iPhone did to telecommunications? Probably not — but the decarbonization of road freight may still upend both the logistics business and the oil industry. To see why, have a look at the International Energy Agency’s estimates last week for future oil demand. Consumption by passenger ...

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Geopolitics weigh on region, UK sukuk ruling hits Dana Gas

Reuters Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last few weeks, geopolitics has become a significant factor for regional markets amid concern about instability in Lebanon and the possibility of strong Saudi action against ...

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