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 | 219 dagar sedan

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 | 549 dagar sedan

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 | 556 dagar sedan

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 | 631 dagar sedan

Bay Street Likely To Open Lower

Lower Canadian and U.S. futures, and weak crude oil prices point to a negative start on Bay Street Thursday morning. The focus this morning will be on U.S. consumer price inflation data, which could give some clues about the Federal Reserve's interest rate move in its next meeting.

RTTNews | 9 minuter sedan

Philippine Central Bank Trims Key Rates By 25 Bps

The Philippine central bank resumed its policy easing on Thursday, by cutting the rates by a quarter-point to address the challenges posed by trade tariffs. The Monetary Board of the Bangko Sentral ng Pilipinas decided to reduce the Target Reverse Repurchase rate by 25 basis points to 5.50 percent. The interest rates on the overnight deposit and lending facilities were accordingly reduced.

RTTNews | 49 minuter sedan

FTSE 100 Up Sharply As Stocks Rally On U.S. Tariff Pause

U.K. stocks got off to a rousing start on Thursday, lifted by strong global cues following U.S. President Donald Trump announcing a 90-day pause of reciprocal tariffs on most U.S. trade partners, excluding China, to facilitate renewed trade negotiations.

RTTNews | 1h 33minuter sedan

Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook

Shares of Tesco Plc were losing around 6 percent in the morning trading on the London Stoock Exchange after the British retail major reported Thursday lower pre-tax profit in fiscal year 2025 and issued a cautious outlook for fiscal 2026 adjusted operating profit. However, net profit in the year climbed from last year, with growth in revenues, and the firm lifted dividend and announced...

RTTNews | 2h 7minuter sedan

EURUSD	1.11023	GBPUSD	1.29295	AUDUSD	0.61945
USDJPY	145.31	USDCAD	1.40601	USDCHF	0.83746

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CRH, Volvo Group Ink Deal To Accelerate Decarbonization