Geely to produce premium Polestar cars

Source: Dukascopy Bank SA
The new electric vehicle plant planned by the Chinese carmaking group Geely is set to manufacture the premium Polestar cars, Reuters reported on Monday.
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Mon, 26 Oct 2020 09:51:25 GMT

Crude oil prices decline by 3%

On Monday, crude oil prices edged lower by 3%, Brent crude was down by 3%, at $40.52 per barrel at 07:55 GMT, while the US WTI crude fell by 3.20%, to $38.57 a barrel.

Mon, 26 Oct 2020 08:17:29 GMT

Hyundai reports quarterly loss

On Monday, the South Korean carmaker Hyundai Motor reported a net loss of $297.72B for its Q3, missing market expectations, as engine quality issues hit the company's earnings.

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