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Added on the 16/04/2019 16:57:57 - Copyright : Wochit
According to Reuters, a global gauge of stock markets fell below a two month low. On May 29th, MSCI's all-country world stock index fell about 1-percent with losses stretching across Asia, the US, and Europe. In Europe, the Stoxx 600 index fell 1.4-percent, while the euro was steady after two days of losses. On Wall Street, the top three markets on the New York Stock Exchange lost about 1-percent each. The Dow Jones Industrial Average plunged 270-points, dropping over 1-percent.
Mercedes-Benz announces far-reaching plans to launch a global high-power charging network across North America, Europe, China and other key markets. It will begin to be built this year in the US and Canada, followed by other regions around the globe. The aim is to have the full network in place before the end of the decade, when Mercedes-Benz intends to go all-electric wherever market conditions allow. The Mercedes-Benz high-power charging network will greatly enhance customers’ charging experience, accelerate the journey towards the all-electric future and create a global infrastructure asset with future value-creation potential. The Mercedes-Benz charging hubs will be located in key cities and urban population centres, close to major arteries, convenient retail and service destinations, including participating Mercedes‑Benz dealership sites.The company believes this strategic move will significantly enhance the usability and convenience of its new generation of electric vehicles, differentiate the Mercedes-Benz ownership experience and accelerate the EV transformation. The charging network will focus first and foremost on Mercedes-Benz customers, who will enjoy preferential access via a reservation function and other benefits. However, it will also be open to drivers of all other brands with compatible technology. This comprehensive initiative, alongside ongoing support for shared networks such as IONITY, also aims to drive global adoption of electric mobility.
Geneva, Jun 30 (EFE/EPA).- (Camera: EPA archive) The global weekly coronavirus cases reversed a 2-month decline, driven by the Delta variant, which has spread in nearly 100 countries including in the African continent, Russia, Brazil and the United Kingdom.ARCHIVE FOOTAGE OF VACCINATION POINTS AND TESTING IN WASHINGTON, BANGLADESH, INDIA AND THE UK.
Lukas Jackson/Reuters US stocks closed mixed on Thursday amid falling jobless claims and new hopes for a stimulus deal. The Nasdaq composite closed at all-time highs, while the S&P 500 lost its record close in the final hour of trading. New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday. Economists surveyed by Bloomberg expected a reading of 775,000. Lawmakers warmed up to the $908 billion proposal Democratic leaders embraced on Wednesday, placing new pressure on Senate Majority Leader Mitch McConnell to reach a compromise.
On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
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