Volkswagen AG

European stocks open higher after Trump delays 50% tariffs on EU
World

European stocks open higher after Trump delays 50% tariffs on EU

US President Trump can be seen on a screen at the Frankfurt Stock Exchange in front of the DAX curve. Boris Roessler | Picture Alliance | Getty Images European shares opened firmly in positive territory on Monday, as investors reacted to U.S. President Donald Trump delaying the roll out of 50% tariffs on the European […]

Read More
Why this German automaker will benefit from the U.K.-US trade deal
World

Why this German automaker will benefit from the U.K.-US trade deal

British businesses are still hashing out exactly what the recently-unveiled U.K.-U.S. trade deal — the first under President Donald Trump’s tariff-first , negotiate-later regime — means for them. The European Union is yet to strike its own deal. Despite this, one automaker from the bloc’s biggest economy is about to see benefits due to its […]

Read More
5 new Uber features you should know — including a way to avoid surge pricing
Technology

5 new Uber features you should know — including a way to avoid surge pricing

Travelers walk past a sign pointing toward the Uber ride-share vehicle pickup area at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share feature on […]

Read More
Uber misses revenue expectations with trips up 18% over last year
Travel

Uber misses revenue expectations with trips up 18% over last year

Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus […]

Read More
Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Business

Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Rivian Automotive is negatively adjusting its 2025 targets for vehicle deliveries and capital spending amid President Donald Trump’s tariffs, but the company is also reconfirming its earnings expectations for the year. […]

Read More
European stocks open higher on China-U.S. optimism
World

European stocks open higher on China-U.S. optimism

European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]

Read More
Auto giants ditch financial guidance as industry reels from Trump tariff chaos
World

Auto giants ditch financial guidance as industry reels from Trump tariff chaos

New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. Bloomberg | Bloomberg | Getty Images European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump’s […]

Read More
Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook
World

Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook

An American flag flies beyond the Volkswagen logo displayed at a Volkswagen dealership on April 4, 2025 in Pasadena, California. Mario Tama | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday reported a substantial drop in first-quarter profit as the carmaker navigates the disruptive impact of U.S. tariffs on the global […]

Read More
Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
World

Europe stocks open higher amid earnings deluge; autos gain on tariff hopes

European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]

Read More
5 European stocks to watch this earnings season as Trump’s tariffs hit
World

5 European stocks to watch this earnings season as Trump’s tariffs hit

Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from […]

Read More