I’ve heard of electric trucks. I’ve heard of electric RVs. But I’ve never seen anything quite as cool or as silly as this electric house on wheels. And you know what that means! This electric mobile home is a perfect entry for my Awesomely Weird Alibaba Electric Vehicle of the Week! First of all, let’s
Tesla has finally released its highly-anticipated Full Self-Driving Beta v9 software update. Here’s what it looks like. It was a long time coming, but when CEO Elon Musk put an actual date on the release, we knew it was around the corner and Tesla stuck to it. Last night, the automaker started pushing Tesla FSD
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Flames burn off at an oil processing facility in Saudi Aramco’s oilfield in the Rub’ Al-Khali desert in Shaybah, Saudi Arabia, in October 2018. Simon Dawson | Bloomberg | Getty Images Oil prices could “very easily” hit $100 a barrel in the aftermath of the failed OPEC+ talks, former U.S. Energy Secretary Dan Brouillette told
OPEC Secretary General Mohammed Sanusi Barkindo (L), Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman (C) and Russian Energy Minister Alexander Novak (R) attend an Opec-JMMC meeting in the UAE capital Abu Dhabi on September 12, 2019. KARIM SAHIB | AFP via Getty Images LONDON — Oil producer group OPEC has been plunged into crisis,
In this article XLE .DXY @CL.1 The next few months could be tough for energy stocks. With OPEC+ postponing negotiations indefinitely on Monday after failing to strike a deal on oil production, oil prices are already under pressure, falling more than 2% on Tuesday after grazing six-year highs. Another macroeconomic force could “suggest there’s some
Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. Alex Halad | AFP | Getty Images Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack
Scott Heaney | iStock | Getty Images The U.S. Department of Energy has announced that as much as $27 million in federal funding will be provided for research and development projects focused on wave energy. In the latest attempt to encourage innovation within a sector that has a very small footprint compared to other types
OPEC and its allies left the oil market hanging on Monday when they indefinitely postponed talks to resolve a disagreement over production curbs. Crude prices first surged to six-year highs, then retreated, and uncertainty continues to hang over future OPEC+ policy. But at least one energy analyst expects a breakthrough to come soon. “I think
LONDON — Oil and gas giant BP on Thursday published its benchmark Statistical Review of World Energy, describing 2020 “as a year like no other” due to the impact of the coronavirus pandemic on global energy. Over the past seven decades, BP said it had borne witness to some of the most dramatic episodes in
Sina Schuldt | picture alliance | Getty Images Three major transportation firms are set to work with one another on the development of a European charging network for “battery electric heavy-duty long-haul trucks and coaches.” In a joint announcement earlier this week, Volvo, Daimler Truck and the Traton Group said they had signed a non-binding agreement related to
Utilities could be the underrated beneficiaries of a U.S. infrastructure overhaul, one CEO says. With Washington lawmakers working to make the Biden administration’s $579 billion infrastructure spending framework a reality, the year’s worst-performing sector could be in for a rebound, Reaves Asset Management CEO Jay Rhame told CNBC’s “ETF Edge” this week. Two major tailwinds
The container ship Maersk Murcia sits moored to a terminal in the port of Gothenburg, a busy shipping centre on the west coast of Sweden, as cargo is loaded onto it by crane before it sets sail on August 24, 2020. JONATHAN NACKSTRAND | AFP | Getty Images LONDON — The European Union is due
Jeff Bezos and Richard Branson are competing fiercely to outwit each other and capture the huge commercial space tourism market. And their fellow billionaire Elon Musk appears to be siding with the British entrepreneur and his Virgin Galactic venture. Musk, the SpaceX CEO who aims to colonise Mars someday and make humans a multi-planetary species, seems to have
The Daily Mail’s founding family is plotting an offer to take the company behind Britain’s biggest-selling national newspaper private – move that would end 90 years of stock market history. Daily Mail & General Trust (DMGT) confirmed Sky News’ exclusive revelation on Monday that Rothermere Continuation Limited (RCL) is considering an £810m bid for the
The Metropolitan Police Federation has condemned England supporters who attacked officers after last night’s Euro 2020 final defeat as “thugs not fans”. The body, which represents thousands of London’s police officers, tweeted: “These people should be ashamed of themselves. “They are not fans. They are thugs. We wish our injured colleagues well.” The Met Police
British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle’s first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago. Branson, one of six Virgin Galactic employees strapped in
There was widespread praise for the performance of the young England team on the pitch at Wembley on Sunday evening. They had come within reach of winning the European Championship, only losing 3-2 to Italy in a penalty shoot-out. But their performance was marred by the behaviour of a minority of fans, with dozens arrested
People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images For about 16 months, the U.S. and U.K. news industries have predominantly operated out of people’s living rooms, home offices and bedrooms. Now, they’re deciding what post-pandemic life
You could have heard a pin drop in Rome’s fan zone as that last penalty was taken. Italy’s goalkeeper saved it and not only did the hundreds staring at the big screen go wild but so did the rest of the Italian capital and the country. People were simply ecstatic, celebrating a win they had