Elon Musk says Tesla will stop making Cybertrucks in 2027 | The National
The much-hyped electric pick-up failed to meet sales expectations due to a variety of issues
Business
Copper Falls, Set for Worst Week Since March on AI Rout
Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three-month copper on the London Metal Exchange was down 1.3% at $13,663 a metric ton by 0700 GMT. That placed it on track to fall 3.44% in the week, Reuters said. The most-traded copper contract on the Shanghai Futures Exchange fell 1.08% to 106,830 yuan ($16,018.17) a ton.
Business
Martine Rose Appointed Balenciaga Creative Director as Kering Seeks Fresh Ideas
British designer Martine Rose is taking over as creative director at Balenciaga, parent Kering said on Friday, replacing Pierpaolo Piccioli after only 16 months in the role. Rose's appointment is the third creative leadership shake-up in a month at Kering brands as the French luxury group's CEO, Luca de Meo, tries to restore growth after a bruising three-year slowdown that hit its biggest label Gucci particularly hard, said Reuters.
Business
Oil prices set for weekly drop on Trump’s election rout | The National
Brent on track to post 12 per cent loss for week