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Mack Trucks, UAW Union Reach Tentative Deal

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 | 723 дней спустя
UK Manufacturing Downturn Continues

UK Manufacturing Downturn Continues

The UK factory downturn continued in September on weak output, new orders and employment, final survey results from S&P Global showed on Monday. The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index posted 44.3 in September, up from a 39-month low of 43.0. The reading was above 44.2 estimated initially.
RTTNews | 723 дней спустя
Tesla Q3 Vehicle Production And Deliveries Decline Sequentially

Tesla Q3 Vehicle Production And Deliveries Decline Sequentially

Tesla Inc. (TSLA) said Monday it produced more than 430,000 vehicles and delivered more than 435,000 vehicles in the third quarter. This is a sequential decline in volumes caused by planned downtimes for factory upgrades.
RTTNews | 723 дней спустя
Eurozone Manufacturing Sector Stuck In Deep Contraction

Eurozone Manufacturing Sector Stuck In Deep Contraction

The euro area manufacturing activity remained in the deep contraction zone in September on account of considerable weakness in new orders and accelerated fall in jobs, the purchasing managers' survey results from S&P Global showed on Monday. Meanwhile, official data released on Monday suggested that the unemployment rate dropped to record lows in August indicating the resilience of the labor mark
RTTNews | 723 дней спустя
Bay Street Seen Opening On Subdued Note

Bay Street Seen Opening On Subdued Note

Canadian shares are likely to open on a subdued note on Monday amid a lack of positive triggers. Asian stocks ended mostly lower and European stocks are down slightly, and commodity prices are weak.
RTTNews | 723 дней спустя
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European Shares Reverse Early Gains On Weak PMI Data

European Shares Reverse Early Gains On Weak PMI Data

European stocks gave up early gains to turn lower on Monday as weak regional data offset investor optimism over U.S. lawmakers reaching a deal to avert government shutdown.
RTTNews | 724 дней спустя
UK House Prices Continue To Log Sharp Decline: Nationwide

UK House Prices Continue To Log Sharp Decline: Nationwide

UK house prices fell sharply again in September as stretched affordability damps housing market activity, data from the mortgage lender Nationwide Building Society revealed Monday. The Nationwide house price index posted an annual decline of 5.3 percent, the same pace of decrease as seen in August.
RTTNews | 724 дней спустя
FTSE 100 Gives Up Early Gains On Weak PMI Data

FTSE 100 Gives Up Early Gains On Weak PMI Data

U.K. stocks were slightly lower on Monday, giving up early gains after a survey showed the downturn in the U.K. manufacturing sector continued in September albeit at a slower pace.
RTTNews | 724 дней спустя
CAC 40 Gains Despite Weak PMI Data

CAC 40 Gains Despite Weak PMI Data

French stocks traded higher on Monday after both U.S. House and Senate agreed on a short-term funding deal, helping avert a federal shutdown.
RTTNews | 724 дней спустя

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