CRH, Volvo Group Ink Deal To Accelerate Decarbonization

Volvo To Unveil 600 Km Range Electric Truck In 2025

Swedish commercial vehicle major AB Volvo announced the planned launch of next-generation heavy-duty electric truck with 600 km range. The new long-range version of Volvo FH Electric will be released for sale during the second half of 2025. According to the company, the longer range represents a breakthrough for long-distance transport with zero tailpipe emissions.

RTTNews | 753 hari yang lalu

UAW Members At Mack Trucks Reject Deal, To Go On Strike

About 3,900 members of United Auto Workers or UAW union working with Mack Trucks, owned by Swedish commercial vehicle manufacturer Volvo Group, will be joining the striking autoworkers as they plan to walkout on Monday after rejecting a recently agreed tentative deal. The union announced Sunday that the tentative agreement was voted down by 73% of total UAW members who voted.

RTTNews | 1083 hari yang lalu

Mack Trucks, UAW Union Reach Tentative Deal

United Auto Workers or UAW union and Mack Trucks, owned by Swedish commercial vehicle manufacturer Volvo Group, announced that nearly 4,000 union members has reached a tentative agreement, in a last minute move to avoid strike. The new five-year contract covers about 3,900 employees at facilities in Pennsylvania, Maryland and Florida. The agreement must now be ratified by UAW members.

RTTNews | 1090 hari yang lalu

Volvo Group Q2 Results Climb, Orders Down; Stock Dips

Shares of Volvo Group were losing around 3 percent in the morning trading in Sweden after the commercial vehicle manufacturer reported Wednesday lower orders in its second quarter amid weakening demand, even as profit and net sales increased from last year. Further, the company raised its forecast for annual industry-wide heavy truck sales in Europe and North America.

RTTNews | 1165 hari yang lalu

Swiss Market Ends Modestly Higher

The Switzerland market ended modestly higher on Friday, after moving in a narrow range in positive territory right through the session. Lower oil prices and bond yields amid hopes about potential opening of the Strait of Hormuz in seven days lifted investor sentiment.

RTTNews | 15 jam 32 menit yang lalu

European Stocks Rise On Oil Decline, Middle East Peace Hopes

European stocks rose Friday following a more than 2% decline in Brent crude futures and falling bond yields, supported by reports that Iran has submitted a proposal to end Middle East hostilities. Major indices including the DAX and FTSE 100 posted modest gains.

RTTNews | 15 jam 59 menit yang lalu

U.S. Consumer Sentiment Drops Less Than Previously Estimated In September

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of September. The University of Michigan said its consumer sentiment index for September was upwardly revised to 48.1 from a preliminary reading of 47.8.

RTTNews | 20 jam 5 menit yang lalu

Bay Street Poised For Positive Open On Metal Gains

Higher gold and silver futures support Canadian stock sentiment Friday morning. Iranian officials have submitted peace proposals to U.S. mediators this week. BlackBerry's adjusted net income rose 79% to $43.2 mln in the second quarter.

RTTNews | 21 jam 44 menit yang lalu

EURUSD	1.13895	GBPUSD	1.3251
USDJPY	157.279	USDCAD	1.4142