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Tesla announces new battery factory in Mexico

Tesla plans to build a $5 billion battery factory in northern Mexico, creating approximately 10,000 jobs. The move is part of the company's strategy to expand production capacity and reduce costs.

Asian markets rise cautiously amid Middle East tensions

Asian stock markets opened higher on Monday morning, with Japan's Nikkei 225 rising 0.74% and South Korea's KOSPI climbing 0.99%. Investors remain cautious due to escalating tensions between the US and Iran in the Strait of Hormuz.

Goldman Sachs forecasts 2.8% global growth for 2026

Goldman Sachs researchers predict the global economy will grow by 2.8% in 2026, describing the outlook as 'sturdy' despite ongoing challenges. The forecast suggests moderate but stable expansion across major economies.