Latest in Hydrogen Automotive Sectors
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BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - November 6 -
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The Norwegian Company Blamed for California’s Hydrogen Car Woes
A civil fraud case reveals that the hydrogen fueling stations promoted by Toyota, Shell, and Chevron never worked in the first place.Tech - Wired - 4 days ago -
Carbon fines will only add to Europe’s automotive pile-up
Pain will be unevenly spread among carmakers, with analysts identifying bedraggled Volkswagen as the most exposedWorld - Financial Times - November 5 -
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US and European hydrogen stock prices collapse as prospects deflate
Projects face lower than expected demand, regulatory uncertainties and growing investor scepticismBusiness - Financial Times - October 27 -
There’s a ‘generational opportunity’ for investors in this sector, says JPMorgan
Look to real estate as stocks’ high valuations means they may not offer great returns in coming yearsBusiness - MarketWatch - October 28 -
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How Hostility to Immigrants Will Hurt America’s Tech Sector
Don’t assume that highly educated foreigners will be spared by the new administration.Top stories - The New York Times - 2 days ago -
Late-night London struggles to keep the lights off
Noise complaints, costly overheads and restrictive permit laws take their toll on the capital’s after-hours economyWorld - Financial Times - October 25 -
This ETF has trounced the S&P 500 with bets on AI in a surprising sector
Macrae Sykes of Gabelli Funds explains his strategy, which looks beyond the Nvidia-focused AI hardware buildout.Business - MarketWatch - October 26 -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - November 1 -
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Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - November 4 -
Markets pop ahead of election results on solid service sector data
Stocks closed sharply higher Tuesday as activity in the U.S. services sector jumped to a more than two-year high, displaying underlying strength in the economy as voters headed to the polls. The ...Politics - The Hill - November 5 -
Mexico to Court Private Investment in Power Sector to Support Green Energy
Mexican President Claudia Sheinbaum is open to more private investment in the electricity sector as her government seeks to meet increased energy needs with a focus on renewables while recovering ...World - The Wall Street Journal - November 11 -
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Reeves seeks reform of UK consumer redress in financial services sector
Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car financeBusiness - Financial Times - November 13 -
FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - November 13 -
Climate action in fossil fuel sector has ‘stalled’, says report
Also in today’s newsletter, why private capital will not suffice for Africa’s climate needsWorld - Financial Times - November 14 -
Jim Cramer names hot sectors that could use a pullback
CNBC's Jim Cramer on Thursday named sectors that have seen major gains recently and warned investors not to buy them while they're hot.Business - CNBC - November 14 -
Trump tariffs would hurt US defence sector, warns Beijing adviser
Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-electWorld - Financial Times - 5 days ago -
European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.Business - CNBC - 4 days ago -
Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows
Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs showsBusiness - MarketWatch - 3 days ago -
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Public sector pay deals help drive up UK borrowing
Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.Top stories - BBC News - 2 days ago -
Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
ADP jobs report shows 233,000 gain in private-sector hiring — much stronger than expected
U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.Business - MarketWatch - October 30 -
Post Office IT provider Fujitsu won £1.4mn public sector contracts since promise to stop bidding
Two deals were awarded as recently as September despite outcry over Horizon scandalWorld - Financial Times - November 3 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - November 5 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
While legalizing marijuana is in limbo, FDA clears a PTSD study that could boost cannabis stocks over time
The move marks a rare action by the FDA to sanction a study on cannabis despite the plant’s current Schedule I classification under federal law as a drug with no therapeutic use, in the same ...Business - MarketWatch - Yesterday
