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By Maria Merano Posted on October 18, 2020 It appears that Tesla Gigafactory Shanghai has started exporting its locally-made Model 3 to Europe. In September 2020, the all-electric car maker began preparations in Giga Shanghai to produce Model 3 vehicles optimized for export in Asia and the European region. Tesla’s plans to export the China-made
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The solar energy trade is soaring. Invesco’s Solar ETF (TAN) has become one of the market’s hottest exchange-traded funds, up almost 139% year to date and counting as former Vice President Joe Biden leads President Donald Trump in presidential election polls. Biden’s $2 trillion infrastructure plan, which would focus on promoting clean energy, has been
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The total number of rotary drilling rigs operating in the United States rose by 13 this week, Baker Hughes Co. (NYSE: BKR) reported Friday. The 282-rig U.S. count includes 205 oil rigs (up 12 from last week), 74 gas rigs (up one) and three miscellaneous rigs (unchanged), Baker Hughes noted in a written statement emailed
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(Bloomberg) — Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market. Futures in New York edged lower on Friday, but still managed to record an advance of 0.7% this week on shrinking U.S. crude stockpiles and
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(Bloomberg) — Oil recovered from early losses as shrinking American crude and refined product stockpiles offset signs that the fragile demand recovery is under threat. Futures in New York ended the session little changed just under $41 a barrel after earlier falling as much as 4.4%. The Energy Information Administration reported a decline in U.S.
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By Eric Ralph Posted on October 15, 2020 SpaceX has added another Starlink launch to its October manifest and plans to support the mission with a record-breaking Falcon 9 booster turnaround. Several media outlets recently confirmed that SpaceX will attempt to launch Starlink-13 – the 13th launch of operational v1.0 satellites and 14th launch overall
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(Bloomberg) — Oil rose to its highest in nearly a week amid a weaker dollar and signs of improving demand in China and India. Crude futures gained 2.1% in New York, while the Bloomberg Dollar Spot Index slipped as much as 0.3%, raising the appeal for commodities priced in the currency. Meanwhile, refinery activity in
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