UK Government Plans to Utilize EV Batteries for Home Appliances

The UK government has unveiled plans to revolutionize household energy consumption by encouraging families to harness the power stored in their electric vehicles (EVs)....

White House Supports Standardization of Tesla EV Charging Plugs

White House Backs Standardization of Tesla's EV Charging Plugs The White House is throwing its weight behind an industry initiative aimed at standardizing Tesla's electric...

XPeng’s Takes a Hit as Alibaba Trims Stake, But Future Holds Potential

Alibaba's Trimming Move: The news of Alibaba selling 25 million of XPeng's American depositary receipts sent shockwaves through the EV market. This significant reduction...

Norway’s Fund: Talks, No Sell, Tesla Needs Union Respect

Norway's Financial Giant Takes a Bite out of Tesla: The world's biggest sovereign wealth fund, Norway's Norges Bank Investment Management (NBIM), is flexing its...

UBS to Bolster U.S. Presence, Aiming for $150B Annual Growth

Driving Growth in the U.S.: UBS positions itself as the fourth-largest asset manager in the U.S., intending to capitalize on the American financial landscape....

Amundi Reviews Turkish Lira Amid Upbeat Signs

Positive Shift in Amundi's Stance: Amundi, the prominent European asset manager overseeing $2 trillion, is cautiously reconsidering its position on the Turkish lira. This...

Tech Stock Frenzy in Hedge Funds Shows Signs of Cooling, Goldman Sachs Notes

Tech Exodus in Hedge Funds: Hedge funds have executed a substantial sell-off of U.S. tech and media stocks in the week ending Nov. 24,...

Global Economic Growth to Decelerate in 2024

Economic Slowdown Projected: Leading Banks Anticipate Global Deceleration in 2024 Amidst projections from major financial institutions, signs point to a global economic slowdown in 2024....

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