Tesla Inc (O:TSLA) has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday.
U.K. equities were higher at the close on Friday, as gains in the Electrical, Industrial Metals & Mining and Gas, Water & Multiutilities sectors propelled shares higher.
Consumer prices in the 19-nation euro area fell more than economists forecast in September, keeping up pressure on the European Central Bank as it debates whether to add stimulus to support the recovery from the coronavirus recession.
Turkey’s foreign trade imbalance continued to worsen last month as cheap credit and retail investors’ search for a hedge against inflation continued to fuel demand for gold.
U.S. President Donald Trump’s coronavirus infection may provide the catalyst for hedge funds to catch up with asset managers’ bullish bets on the yen.