Tag Archives: hit

Can Tesla’s battery hit US$1-billion faster than the iPhone?

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Telsa Motors Inc.\’s new type of big, stackable batteries for homes and businesses started with a bang. The reservations reported within the first week are valued at roughly US$800 million, according to numbers crunched by Bloomberg Business. If Tesla converts even a fraction of those reservations into actual sales, the battery roll-out could compare well as one of the biggest ...

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TSX takes a hit as oil drops to three-month low, loonie retreats

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TORONTO – The Toronto stock market weakened Monday like a steep stop by oil prices and fallout in the resounding \”no\” vote within the Greek debt referendum pulled most major sectors lower. The S&P/TSX ended the session down 88.82 points to 14,593.57. Oil prices closed at their lowest level within three months using the August crude contract dropping $4.40 to ...

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TSX takes a hit from oil supply data as loonie hits decade low

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TORONTO – The Toronto stock exchange suffered another session of declines as oil closed below $50 for the first time in several months and the loonie tumbled to its lowest level in more than a decade. The S&P/TSX composite index lost 69.12 points at 14,307.12, dragged down by weakness in both the energy and resource sectors. Oil prices settled at ...

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