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

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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

Stocks tumbled across the middle east after us credit downgrading

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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Firms with stable earnings witness gains

Hong kong office rents remain most expensive in the world

Bloomberg Soapmaker and real-estate stocks have taken over a rally that used to be led by social networks and smartphone makers. Companies with stable earnings and dividends have shepherded gains in November, the first time this year that the two best-performing industries are defensive ones. So, while this looked like just another week in the bull market, it was actually ...

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