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A general view shows the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022.

Tesla Rolls Out First Vehicles As German Gigafactory Goes Live

Tesla will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history.
U.S. dollar and Japan yen notes are seen in this photo illustration June 2, 2017.

Hawkish Powell Pushes Yen Past 120 Barrier

The yen fell through the psychological 120 level for the first time since 2016 on Tuesday, after a hawkish speech from Federal Reserve Chair Jerome Powell raised bets on higher U.S.
A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019.

Oil Slips Below $114 As EU Split On Russian Ban

By Alex LawlerLONDON -Oil slipped below $114 a barrel on Tuesday, giving up some of the previous day's 7% surge, as European Union members disagreed on a potential oil embargo on Russia, although persistent supply risks limited the decline.
A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019.

Oil Rises Towards $116 As EU Weighs Russian Ban

By Alex LawlerLONDON - Oil rose towards $116 a barrel on Tuesday, adding to a 7% surge the previous day, supported by supply risks from a potential European Union oil embargo on Russia and concern about attacks on Saudi oil facilities.

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