Tag: BMAT08
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US mortgage rates rise to highest level since November – MBA
Feb 22 (Reuters) – The average interest rate on the most popular US home loan rose to its highest level since November last week as bond markets feared the Federal Reserve would have to continue to tighten policy until the summer to contain inflation, data of the mortgage interest deduction. The Bankers Association (MBA) showed […]
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Tesla scales back German battery plans won by US incentives
BERLIN, Feb. 21 (Reuters) – Tesla (TSLA.O) has begun assembling battery systems at its factory in Germany, but will focus on cell production in the United States in light of tax breaks under the Inflation Reduction Act (IRA). ), a spokesperson said on Wednesday. The US electric vehicle maker is also preparing to produce cell […]
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Lithium miner Sigma responds to report that Tesla is considering a buyout
Feb 17 (Reuters) – US-listed shares of Sigma Lithium Corp were up 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc (TSLA.O) is considering a takeover of the Canada-based battery metal miner. Tesla has spoken to potential advisers about a bid, the report said, citing people with knowledge of the matter, […]