Tesla Inc. will shut down production at its Fremont, Calif., factory for 18 days starting Christmas Eve, CNBC reported over the weekend. Citing an internal email it obtained, CNBC reported Saturday that production lines for Model S and Model X vehicles will be shut down from Dec. 24 to Jan. …
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Shares were mostly lower Monday in Asia while crude prices gained more than $ 1 per barrel after OPEC and other oil producing nations agreed to cut output to reflect the collapse of demand due to the pandemic. Just hours before markets reopened, OPEC, Russia and other oil producers finalized …
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Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia. Investors bid the price of crude up on Wednesday in anticipation of a pact between …
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