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Zero Hedge 09/22/2020 20:45
Tesla Tumbles After Underwhelming Battery Day As Musk Promises $25,000 EV In Three Years. Tue, 09/22/2020 - 20:45. Tesla shares tumbled 12% in after hours trading after the much awaited Battery Day event showcasing the company's technology on Tuesday evening, despite CEO Elon Musk promising a $25,000 vehicle that will be built as a result of advancements in battery technology. "In about three years from now, we are confident we can make a compelling $25,000 electric vehicle that is also fully autonomous," Musk said at the event.
TechCrunch 09/22/2020 20:42
Amid a packed afternoon of announcements from Tesla around innovations the company is pursuing to slash the cost of electric vehicle production and energy storage through better battery design, the company said it’s made new advancements in material science for anodes and cathodes — key components of the lithium-ion batteries that are the heart of [...]
Splash 247 09/22/2020 20:37
Norwegian offshore driller Borr Drilling improved its financial position with the negotiating of a new agreement with lenders. The company has reached agreement with the bank syndicates and with Hayfin to extend the maturity of $595m worth of loan facilities to January 2023. It was also agreed that the minimum liquidity covenant would be reduced to …
Financial Post (Canada) 09/22/2020 20:32
TOKYO — Japan’s factory activity extended declines in September largely due to a sharper fall in output, as the world’s third-largest economy struggles to stage a robust recovery from the coronavirus pandemic. The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index (PMI) was largely unchanged at 47.3 in September compared with a final 47.2 […]
Fiji Times (Fiji) 09/22/2020 20:31
The Korean Government today donated $620,000 worth of COVID-19 PCR test kits to the Ministry of Health and Medical Services. During the handover, Health Minister Dr Ifereimi Waqainabete said the 480 test kits would enhance the ministry’s testing capability especially at the border and also at the Centre for Disease Control (CDC) lab in Tamavua. […]

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