Function LBN

Ford CEO Jim Farley announced in the public said that a joint with Tesla owner Elon Musk. As mentioned in the Reuters news, Tesla is in the process to open its network of superchargers In the United States and Canada to supply Ford electric vehicles from 2024. Their target in early 2024, is 12,000 Tesla supercharges and high-speed supercharges across the US.

Asia shares dropped to a two-month low on Thursday due to the negotiations on the U.S. debt ceiling which cause investors worries which may hit the global economy if the U.S. government defaults. China shares eased 0.01% and Hong Kong’s Hang Seng index dropped 1% in early trading. The yen dropped 0.11% to 139.62 per dollar and the sterling last traded at $1.2347 which fell 0.14%. U.S. crude dropped 0.35% to $74.08 per barrel and Brent down 0.22% to $78.19.

Gold prices were calm down in early Asian trade on Tuesday as the long-drawn U.S. debt ceiling discussion after the U.S. PM Joe Biden and the top congressional Republican struggled to make a deal. Spot gold edged 0.1% higher at $1,971.09 per ounce and U.S. gold futures fell 0.3% to $1,972.10. Spot silver fell 0.1% to $23.64 per ounce, platinum shed 0.3% to $1,063.97, and palladium lost 0.3% to $1,487.07.