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The US Department of Commerce reported that the number of houses, the construction of which was started in November, amounted to 1,225, an increase of 3.2% compared with October. The indicator was the maximum in 3 months. Experts had not expected changes in the October number of new buildings. In November, construction of 824,000 single-family homes was started, which was 4.6% less than in October and was the lowest since May 2017. At the same time, growth in the construction of apartment buildings was 22.4%. The maximum growth since April was observed in the number of issued permits for the construction of new houses, the figure for October increased by 5% to 1 million 328 thousand.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
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