Volkswagen Recalls 140K SUVs For Faulty Passenger-side Airbags

Rivian Stock Gains On $5.8 Bln JV With Volkswagen

Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle maker announced a joint venture partnership with German auto major Volkswagen Group, with a total deal size of up to $5.8 billion. The new joint venture, Rivian and VW Group Technology, LLC, is intended to create next-generation electrical architecture and vertically..

RTTNews | 111 dni temu

Six Southern Governors Warn Against UAW's Unionization Campaign

U.S. Governors of six Southern states have warned against United Auto Workers or UAW's unionization campaign for workers of major automakers, citing threat for the jobs and the values they live by. In a joint statement, the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas said they are highly concerned about the unionization campaign driven by misinformation...

RTTNews | 321 dni temu

Court Rejects Capital Markets Model Case On So-called Diesel Issue Against Porsche SE

The Higher Regional Court of Stuttgart on Tuesday ruled in a capital markets model case on the so-called diesel issue that most of the establishment objectives requested by the plaintiffs against Porsche Automobil Holding SE (Porsche SE), Stuttgart, are to be rejected.

RTTNews | 706 dni temu

Volkswagen To Invest EUR 180 Bln Over 5 Years To Meet EV Targets

German auto giant Volkswagen Tuesday said it plans to invest 180 billion euros over the next five years by 2027, mainly with an aim to boost its targets for electrification and digitalization, and to grow its presence in the North America region. The company also said its solid financial performance in fiscal 2022 lays basis for profitable growth in key markets.

RTTNews | 721 dni temu

Bay Street Seen Opening With Negative Bias

Canadian shares may open with a negative bias Tuesday morning as trade war heats up with Canada retaliating with tariffs on over $1 billion worth of US imports within hours of U.S. President Donald Trump's announcement that tariffs on goods and Canada and Mexico will become effective today.

RTTNews | 7g 10 minut temu

TSMC Shares Gain On $100 Bln US Investment

Shares of Taiwan Semiconductor Manufacturing Co. or TSMC were gaining around 2 percent in the pre-market activity on the NYSE after the chipmaker announced its additional $100 billion investment in the United States to build five more facilities for advanced chip manufacturing, as part of the ongoing efforts in the country to boost artificial intelligence.

RTTNews | 8g 7 minut temu

Eurozone Jobless Rate Steady At Record Low

Euro area unemployment rate remained unchanged at a record low in January despite weaker economic activity, official data showed Tuesday. The jobless rate stood at 6.2 percent in January, unchanged from December, Eurostat reported. This was down from 6.5 percent in the same period last year. The expected rate was 6.3 percent.

RTTNews | 8g 38 minut temu

FTSE 100 Modestly Lower In Cautious Trade

The UK market is off early lows in late morning trade on Tuesday with investors largely making stock specific moves, reacting to quarterly earnings updates. Worries about trade war following new U.S. tariffs against China, Canada and Mexico taking effect today.

RTTNews | 9g 20 minut temu

EURUSD	1.05281	GBPUSD	1.27183	AUDUSD	0.62074
USDJPY	148.353	USDCAD	1.44943	USDCHF	0.8902