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Home2022November

Month: November 2022

Electric Vehicles
Electric Vehicles

Consumers Reports Finds Electric Vehicles Still Having Tech Kinks Worked Out

November 16, 2022 Mariel Alumit

In its recent survey of vehicle reliability, released Tuesday, Consumer Reports found electric vehicles rated among the least reliable vehicles out there, as manufacturers continue to work out the kinks in the new technologies they […]

IMF
Finance

IMF’s Forecast For Global Economy Is Gloomy The Daily Financial Trends

November 16, 2022 Mariel Alumit

In its latest report compiled for the G20 summit, the International Monetary Fund (IMF) has downgraded the forecast for the global economy, noting that the “outlook is gloomier” than it had previously expected. Since January, […]

Stock
Finance

French Stock Exchange Overtakes UK’s In Valuation The Daily Financial Trends

November 16, 2022 Mariel Alumit

Paris overtook London in the competition to host Europe’s biggest stock market on Monday, according to a new report from Bloomberg. The strong performance by luxury brands like Louis Vuitton and Gucci combined with hopes […]

Inflation
Finance

Consumer Fears over Inflation Grew In October The Daily Financial Trends

November 16, 2022 Mariel Alumit

Concern among Americans over inflation grew in October, due to fears of a sudden surge in gasoline prices, according to a Federal Reserve survey released on Monday. The New York Fed’s monthly Survey of Consumer […]

Diesel
Commodities

Diesel Price Premium To Gasoline And Crude Hits Record High

November 16, 2022 Mariel Alumit

The diesel price premium to gasoline and crude oil has hit a record high due to low stockpiles and low refining capacity. The U.S. only had 25 days’ worth of distillate stocks in October compared […]

Saudi Arabia
Renewables Not Sustainable

COP27: Saudi Arabia targets Europe, Asia-Pacific in global hydrogen push

November 16, 2022 Mariel Alumit

Saudi Arabia has set its sights on becoming a global supplier of renewable and low-carbon hydrogen, configuring production standards to meet market requirements in both Europe and the Asia-Pacific region, the energy ministry’s head of […]

Los Angeles
US Energy News

Port of Los Angeles cargo throughput founders as US import market remains on downtrend

November 16, 2022 Mariel Alumit

October container volumes at the Port of Los Angeles dropped by 25% on the year amid slowing import demand and ongoing cargo shifts towards the US Atlantic and Gulf coasts as shippers look to alternative […]

Misled
Industry Insights

We are Being ‘Misled’ on the Climate Change Crisis-Bjorn Lomborg

November 16, 2022 Mariel Alumit

Sky News Australia Copenhagen Consensus Centre President Bjorn Lomborg says the reality is we are being “misled” on climate change because they want to “scare us” into spending “trillions of dollars”. “In the long run […]

Oil tanker
Aljazeera International

Oil tanker hit by armed drone off coast of Oman: Official

November 16, 2022 Mariel Alumit

BREAKINGBREAKING, An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman amid heightened tensions with Iran, an official has told The Associated Press. The attack […]

Chinese
Finance

Chinese Real Estate Stocks Rise On Bailout Plan

November 16, 2022 Mariel Alumit

On Monday, Chinese property stocks and bonds were up sharply on news of a new support package for the debt-stricken sector, announced by banking regulators. Analysts hailed the package, which was designed to boost liquidity […]

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