Energy Sector

TASE Falls by 1.1% on Thursday

Tel Aviv Stock Exchange (TASE) fell by a 1.09% on Thursday to 1,230.88 points while the Tel Aviv-100 Index declined by 1.29% to 1,082.90.

The TechBlue 50 Index fell by 0.94% to 331.54 points. The decline is thought to be caused by the losses in the European markets. The Teva Pharmaceutical industries Ltd. fell by 3.5% after the strategic plan for it was published.

SolarCity shares jump 47% on their first day of Nasdaq trading

The Thursday debut of SolarCity on Nasdaq was quite stellar; with the shares of the solar panel installer, sales and leasing firm witnessing a 47 percent gain --- from its $8 IPO price to $11.79 at the end of the day.

Oil prices fall over fears of US ‘fiscal cliff’ crisis

On Thursday, oil prices in the US witnessed a drop because of the market's apparent fears about the country's `fiscal cliff' crisis which is threatening to pull the economy back to recession for the biggest crude oil consumer in the world.

Wind Energy Companies Step Forward to Protect Whales

Offshore wind energy companies in collaboration with some environmental groups have signed an agreement in order to protect the North Atlantic right whales.

Renewable Energy: A Potential Source of Energy for Africa

Africa, which is the home to 15% world's population, has been witnessing a number of energy deficits. This is the reason that it has been looking for ways to overcome the energy shortfall.

France Backs Pakistan to Deal with Energy Crisis

France has decided to help ease energy crisis by extending its full help and cooperation to Pakistan and enabling the country to meet its energy requirements.

Japan Utilities Fall amid Nuclear Plant Fault

An earthquake faultline is being suspected to be active under a nuclear plant covering the oldest reactor of the country. As per the findings of a new report, utilities in Japan have plummeted as a consequence of this fault.

Germany to Convert Energy Grid to Renewable Energy Sources by 2050

Without a doubt, Germany has been making efforts to make sure that they do not contribute to climate change. Climate change has already been grabbing eye balls of one and all, but Germany has been trying that they are not the ones, who accelerate the process.

AustrianTribune Specials

During the course of bigwig automaker BMW's annual shareholders meeting in Munich on Thursday, CEO Harald Krueger revealed that the company is readying its iNext electric, self-driving flagship car.

According to the details shared by...

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Automotive News

  • Tesla unveils its sleek and affordable new electric car --- Model 3
  • Lexus unveiled new LC 500 coupe at Detroit auto show
  • Porsche-Piech family clan “stands firmly behind” VW CEO Matthias Mueller, say insiders
  • Anthony Foxx approves BMW's request to activate self-parking technology in 2016 7 series models

UK News

  • Drinking additional cups of coffee linked with reduced risk of liver cirrhosis
  • UK Ministers and Health Bosses admit Mental Health Care is Poor and Underfunded
  • Conservative Health Secretary to impose inferior contract on England’s 55,000 junior doctors
  • Junior doctors in England begin second 24-hour strike
  • NHS to start charging extra for high-sugar drinks and snacks in hospitals