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 | 306 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 | 636 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 | 643 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 | 718 dagar sedan

Lower Open Anticipated For Thai Stock Market

The Thai stock market on Friday ended the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,120-point plateau and it's expected to see further downside on Monday.

RTTNews | 38 minuter sedan

Indonesia Shares May Open In The Red On Monday

The Indonesia stock market has finished lower in four straight sessions, slumping more than 60 points or 0.9 percent along the way. The Jakarta Composite Index now sits just above the 6,865-point plateau and it's expected to open under pressure again on Monday.

RTTNews | 1h 8minuter sedan

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the slight losses in the previous session, following he broadly negative cues from European markets and lack of cues from Wall Street on Friday, with the Nikkei 225 falling below the 39,600 level, with weakness across most sectors led by index heavyweights, financial and technology stocks.

RTTNews | 1h 14minuter sedan

Losing Streak May Continue For Hong Kong Stock Market

The Hong Kong stock market has finished lower in back-to-back sessions, sinking more than 300 points or 1.3 percent along the way. The Hang Seng Index now sits just shy of the 23,920-point plateau and it's tipped to open to the downside again on Monday.

RTTNews | 1h 23minuter sedan

EURUSD	1.17712	GBPUSD	1.36333	AUDUSD	0.65239
USDJPY	144.756	USDCAD	1.36211	USDCHF	0.79448

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CRH, Volvo Group Ink Deal To Accelerate Decarbonization