Page 679 - Bloomberg

Tesla delivers 499,550 vehicles in 2020, falls just 50 short of target

The quarterly delivery figure is widely seen as a barometer of demand for both Tesla's vehicles and consumer interest in electric vehicles worldwide.

Iran to boost oil output via $1.2 billion deal with local companies

Iran plans to roughly double oil production in the next year to 4.5 million barrels daily, as the country anticipates a loosening of US sanctions

After telecom companies, Chinese oil majors may face US delisting

China's largest offshore oil producer CNOOC could be most at risk as it's on the Pentagon's list of companies it says are owned or controlled by Chinese military

Bitcoin gains 7.8%, breaches $34,000-mark as rally extends into new year

The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore

Gold caps its best year in a decade with the dollar on the ropes

Bullion hit a record in August as investors feared an unprecedented wave of stimulus by central banks and governments would lead to currency debasement and inflation

Bitcoin breaches $30,000 for the first time as rally extends into new year

The latest gains top an eye-popping rally for the controversial digital asset in 2020

Coronavirus vaccination miracle brings Israel back to its true roots

Israel, like most countries, still has enormous obstacles to address, many of them important, a few of them existential

Tumultuous 2020 rewards investors who stared down Covid-induced turmoil

The S&P 500 ended on an up beat, with a 1.4 per cent gain in the holiday-shortened week. This pushed its CY20 gain to 16 per cent, an ending that would have seemed far-fetched in March.

Pence asks judge to reject GOP lawsuit seeking to overturn US poll results

Election experts have said such a finding would create a major conflict of interest

Brexit a new world that British businesses are still figuring out

It took just nine months to strike a trade deal with the EU. It will take more time to get to grips with the details

Ford Motor pulls the plug on plans to cede India business to Mahindra

Ford took a $799 million impairment charge in 2019 in anticipation of the asset transfer to Mahindra to account for what it called fair value less cost to sell

Cryptocurrency-linked stocks surge as Bitcoin hits $23,000 milestone

Early Thursday stock gains included Marathon Patent Group's rise of as much as 20 per cent, lifting shares to the highest since March 2018

Riot-hit iPhone supplier Wistron hired more than it could handle: Report

The rapid expansion stretched the company's systems and sapped the bandwidth of its management team

Moderna discards 400,000 Covid-19 vaccines, says will meet production goal

The loss is somewhat of a drop in the bucket for Moderna's overarching objective of producing 500 million to 1 billion doses in 2021

Trade war, pandemic no bar as foreign investment keeps pouring into China

For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into the Asian nation

Real-estate investors face gloom as world CFOs prepare to downsize offices

Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs

Global investors are dumping Indian bonds. Blame it on slow pace of reforms

While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand

Move over bonds. It is stocks' turn in spotlight of emerging markets

Bonds have been the most profitable asset class in emerging markets over the past decade, beating stocks in volatility-adjusted returns almost every year except 2017

How a 10 billion-tree plan is restoring Pakistan's lost forests

Pakistan is among the six countries that face the biggest impact from climate change, according to the United Nations, with risks of floods, melting glaciers and droughts

What happens when business tycoons abandon their giant cargo ships

Covid-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it's fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home