Volvo AB
European stocks close lower as traders focus on earnings and bond yields
Canada’s central bank cuts interest rates by 50 basis points Canada’s central bank on Wednesday took a big step in easing monetary policy by cutting its key benchmark rate by 50 basis points to 3.75%. The Bank of Canada said it expects the global economy to expand at a rate of about 3% over the […]
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European markets climb higher after U.S. jobs report; Maersk down 5%
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. Staff | Reuters LONDON — European stocks climbed higher Friday after the latest U.S. jobs report soared past expectations. The pan-European Stoxx 600 was up 0.4% […]
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BMW imported 8,000 Mini Coopers with banned Chinese pieces into U.S., Senate report says
An staff checks the symbol of a motor vehicle during its remaining inspection on a output line at Germany’s carmaker BMW plant in Leipzig, japanese Germany, on Oct 20, 2022. Ronny Hartmann | Afp | Getty Illustrations or photos German automaker BMW imported at least 8,000 Mini Cooper autos into the United States with electronic components […]
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European markets close higher as momentum returns; Delivery Hero jumps 15%, Volvo Cars up 7%
Stocks on the move: Delivery Hero up 14%, Ocado down 5% Stock Chart IconStock chart icon Delivery Hero share price. Shares of Germany’s Delivery Hero jumped 14% in late afternoon trade after Bloomberg reported that activist investment firm Sachem Head Capital Management had taken a 3.6% stake in the company and may be seeking a […]
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ɺlso early to decide': World-wide carmakers contend with closure at busiest U.S. vehicle port
The stays of the Francis Scott Crucial Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Submit | Getty Photographs The Baltimore bridge collapse has prompted carmakers to assess functions just after the closure of the busiest U.S. automobile port. Several do not anticipate important disruptions so much. In a extraordinary […]
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Volvo shares leap 21% on increased income, options to stop Polestar funding
A Volvo C40 Recharge electric powered SUV is on show during the Volvo “A New Era of Volvo Vehicles” push conference at The Shilla Seoul on March 14, 2023 in Seoul, South Korea. Han Myung-gu | Wireimage | Getty Pictures Volvo Cars shares surged extra than 21% on Thursday after the Swedish automaker announced that […]
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Ignore the automakers: Fund supervisor picks 2 for a longer period-phrase plays to cash in on EVs
EV automakers like Tesla , BYD and BMW have garnered a good deal of notice from buyers this year. Even so, a single expense analyst says a much better way to participate in the electric powered automobile topic is to make investments in the broader ecosystem. “We like autos — we made use of to […]
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Finnish startup Varjo launches new $3,990 blended-actuality headset to get on Apple, Microsoft
The XR-4 is a blended actuality headset from Finnish startup Varjo that is specific at the business. Varjo Finnish mixed-truth startup Varjo on Monday launched its newest headset, the XR-4, a merchandise it hopes to offer to big company companies. The headset, which starts at a price tag of $3,990, is related to those people […]
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UAW Mack Trucks union members to join striking Detroit autoworkers on picket lines after voting down tentative deal
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – About 3,900 United Auto Workers members with Mack Trucks will go on strike Monday after a majority of members […]
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UAW Mack Trucks deal could be a test for worker demands amid Detroit automaker negotiations
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers members with Volvo Group-owned Mack Trucks will vote this weekend on a tentative agreement that falls significantly short of what the union is demanding in […]
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