Blog

Tesla moves into batteries that store energy for homes, businesses

By Nichola Groom and Paul Lienert LOS ANGELES (Reuters) – Tesla Motors Inc on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on an extreme scale.” He introduced

China overtakes US as Australia's largest foreign investor

China has for the first time overtaken the United States as Australia’s largest source of foreign investment, according to official data, laying out Aus$27.7 billion (US$21.8 billion) in 2013-14 as real estate purchases more than doubled. The Asian economic giant’s spending in Australia for the year ending June 30, 2014 far outstripped the Aus$17.5 billion from the United States — which was the biggest investor for more than a decade

Sandstorm Gold to Release First Quarter Results on May 5

[PR Newswire] – VANCOUVER, April 30, 2015 /PRNewswire/ – Sandstorm Gold Ltd. (“Sandstorm”) (NYSE MKT: SAND, TSX: SSL) will release its 2015 first quarter results on Tuesday, May 5, 2015, after markets close. Sandstorm Gold Ltd. is a gold streaming and royalty company. Sandstorm provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from