American Dollar to Canadian Dollar = 0.790589; American Dollar to Chinese Yuan = 0.149829; American Dollar to Euro = 1.174149; American Dollar to Japanese Yen = 0.009169; American Dollar to Mexican Peso = 0.055936.

Oil gained last week to rise above its 200-day moving average for the first time since May as concerns eased that efforts by the Organization of Petroleum Exporting Countries and its allies to curb output will be offset by rising production elsewhere. Police in Venezuela clashed with demonstrators after a vote Sunday to elect members of a new legislative body that President Nicolas Maduro insisted is needed to restore order after months of protests. “Depending on how the Trump administration decides to proceed going forward, of course that could have implications,” including potentially blocking imports of Venezuelan crude, said Harry Tchilinguirian, a commodities analyst at BNP Paribas SA in London. “It’s very unclear at this stage what course the U.S. administration will follow.” Click Read More below for additional details.

Electric mobility is gaining ground worldwide, and its importance will continue to grow at a fast pace in the coming years. One of the biggest challenges in this is the rapid expansion of the charging infrastructure: today in Germany, for example, there are just 25,000 public charging points (source: statista.de, May 2017). However, around five times as many would be needed for the planned number of one million electric cars by the year 2020. It is therefore clear that there is a huge need for an extensive network of publicly available and private charging stations with the appropriate charging capacity. “We’re confident that we’re at a turning point when it comes to electric mobility,” says Rainer Hundsdörfer, CEO of Heidelberg. “Electric cars are becoming a real option for more and more drivers. We want to take advantage of this trend, and put our expertise to work to benefit from this growth market.” Click Read More below for additional detail.