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Reuters - vor 3 Tagen

Adevinta ASA, Anglo American, BMW

EUROPE RESEARCH ROUNDUP-Adevinta ASA, Anglo American, BMW Nov 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adevinta ASA, Anglo American, and BMW, on Wednesday. HIGHLIGHTS * Adevinta ASA ADEA.OL : Jefferies cuts to hold from buy * Anglo American AAL.L : Berenberg cuts target price to 2200p from 2500p * Aviva Plc AV.L : Deutsche Bank cuts to hold from buy * BMW BMWG.DE : JP Morgan raises to overweight from neutral * Direct Line
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Reuters - vor 4 Tagen

China's Nio teams up with Geely on auto battery swapping

UPDATE 1-China's Nio teams up with Geely on auto battery swapping Adds details from statement, background BEIJING, Nov 29 (Reuters) - Chinese automakers Nio 9866.HK and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development.
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Reuters - vor 4 Tagen

Poland - Factors to Watch Nov 28

Poland - Factors to Watch Nov 28 WARSAW, Nov 28 - The following are news stories, press reports and events that may affect Poland's financial markets on Tuesday. ALL TIMES GMT (Poland: GMT + 1 hour): BOND AUCTION Finance ministry auctions treasury bonds at 1030 INVESTIGATIVE COMMITTEES IN PARLIAMENT State funds, including the Justice Fund, Covid policy, including the issue of respirators are among matters that the parliamentary majority is considering to investigate in parliament, Dziennik Gazet
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Reuters - vor 2 Wochen

U.S. business equipment borrowings fell 8% year on year in October - ELFA

U.S. business equipment borrowings fell 8% year on year in October - ELFA Nov 20 (Reuters) - U.S. companies borrowed 8% less to finance equipment investments in October compared to a year ago as some businesses felt the impact of high interest rates , industry body Equipment Leasing and Finance Association (ELFA) said on Monday. Washington-based ELFA reports on the economic activity for the nearly $1-trillion equipment finance sector and surveys banks like the Bank of America BAC.N and financing
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Reuters - vor 2 Wochen

From Detroit Three to healthcare, US labor unions flex muscle

FACTBOX-From Detroit Three to healthcare, US labor unions flex muscle Adds latest developments in auto and consumer sectors By Mrinalika Roy Nov 17 (Reuters) - A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests across industries. Nearly 444,900 workers have been involved in work stoppages and strikes through October this year, according to preliminary data from the U.S.
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Reuters - vor 2 Wochen

Auto File: The Deflating EV Technology Bubble  

Auto File: The Deflating EV Technology Bubble   Nov 17 - Joe White Global Autos Correspondent joe.white@thomsonreuters.com Greetings from the Motor City! The end of the year is a festive season, but it’s also a time when auto industry executives take stock of how bold plans they made when the year was new have played out. Reality check season – like Black Friday sales – is starting early this year.
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Reuters - vor 2 Wochen

When does bad news become bad news?

LIVE MARKETS-When does bad news become bad news? STOXX 600 up 1.1% Volvo falls as Geely sells shares Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at market s.research@thomsonreuters.com WHEN DOES BAD NEWS BECOME BAD NEWS? (1100 GMT) Global stocks are on track for their third consecutive week of gains, as bond yields retreat from multi-year highs on the back of softer-than-expected U.S.
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Reuters - vor 2 Wochen

Falling UK retail sales raise the stakes for festive season

LIVE MARKETS-Falling UK retail sales raise the stakes for festive season STOXX 600 up 1.1% Volvo falls as Geely sells shares EZ CPI in view Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at market s.research@thomsonreuters.com FALLING UK RETAIL SALES RAISE THE STAKES FOR FESTIVE SEASON (1023 GMT) Falling UK retail sales mean that upcoming flash sales and the festive season are increasingly impo
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Reuters - vor 2 Wochen

Volvo Cars shares drop to record low as Geely trims stake

UPDATE 2-Volvo Cars shares drop to record low as Geely trims stake Adds Volvo Cars reaction in paragraphs 6-7, updates share price in 8 OSLO, Nov 17 (Reuters) - Shares of Swedish automaker Volvo Cars VOLCARb.ST fell as much as 14% to a record low on Friday after its majority shareholder, China's Geely 0175.HK , sold a small part of its stake at a deep discount to the previous day's closing price.
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Reuters - vor 2 Wochen

STOXX 600 rises as bond yield retreat, Volvo Car tumbles

LIVE MARKETS-STOXX 600 rises as bond yield retreat, Volvo Car tumbles STOXX 600 up 0.8% Volvo falls as Geely sells shares EZ CPI in view Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX 600 RISES AS BOND YIELD RETREAT, VOLVO CAR TUMBLES (0907 GMT) Europe's STOXX 600 .STOXX is adding to its weekly gain on Friday, led by rising real estate stocks as glob
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Reuters - vor 2 Wochen

From Detroit Three to healthcare, US labor unions flex muscle

FACTBOX-From Detroit Three to healthcare, US labor unions flex muscle Adds details on strike actions in media, auto, consumer and healthcare sectors By Mrinalika Roy Nov 16 (Reuters) - A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests across industries.
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Reuters - vor 2 Wochen

UAW members ratify labor deal with Mack Trucks

UPDATE 3-UAW members ratify labor deal with Mack Trucks Changes dateline, adds new contract details in paragraphs 3-4 Nov 16 (Reuters) - The United Auto Workers (UAW) union said on Wednesday that about 3,900 of its members working at Mack Trucks ratified a new five-year contract, ending a month-long strike at the Volvo Group VOLVb.ST -owned c ompany .
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Reuters - vor 2 Wochen

UAW members at Mack Trucks vote to ratify new contract

UAW members at Mack Trucks vote to ratify new contract Nov 15 (Reuters) - The United Auto Workers (UAW) union on Wednesday said members at Volvo Group VOLVb.ST -owned Mack Trucks have voted to ratify their new contract with significant local improvements. "After 39 days on strike, UAW members at Mack Trucks have voted by 93% to ratify their new contract with significant local improvements," the union said in a post on messaging platform X, formerly known as Twitter.
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Reuters - vor 2 Wochen

United Auto Workers Say UAW Members At Mack Trucks Have Voted By 93% To Ratify Their Contract With Significant Local Improvements.

BRIEF-United Auto Workers Say UAW Members At Mack Trucks Have Voted By 93% To Ratify Their Contract With Significant Local Improvements. Nov 15 (Reuters) - UNITED AUTO WORKERS- UAW MEMBERS AT MACK TRUCKS HAVE VOTED BY 93% TO RATIFY THEIR CONTRACT WITH SIGNIFICANT LOCAL IMPROVEMENTS. Source text: https://tinyurl.com/ypfvp7eh Further company coverage
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Reuters - vor 3 Wochen

UAW workers at GM's Flint plant narrowly vote against new labor deal

UPDATE 5-UAW workers at GM's Flint plant narrowly vote against new labor deal Adds details on Subaru in paragraph 15 By Shivansh Tiwary Nov 10 (Reuters) - United Auto Workers (UAW) union members at General Motors' GM.N Flint assembly plant in Michigan have narrowly voted against a proposed contract with the U.S. automaker, the local chapter said. The vote signals that approval of the deal, which is set to raise costs significantly for GM, is not guaranteed.
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Reuters - vor 3 Wochen

India's Eicher Motors posts record Q2 profit on strong Royal Enfield sales

UPDATE 1-India's Eicher Motors posts record Q2 profit on strong Royal Enfield sales Adds details, background from paragraph 2 onwards BENGALURU, Nov 10 (Reuters) - India' s Eicher Motors EICH.NS reported a larger-than-expected rise in second-quarter profit on Friday, helped by strong sales o f its Royal Enfield motorcycles . Eicher, which also makes buses and trucks, said its consolidated net profit rose 54.7% to a record 10 .16 billion rupees ($122 million) in the three months to Sept.
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Reuters - vor 3 Wochen

Truckmaker Volvo to buy Proterra's battery business for $210 mln

Truckmaker Volvo to buy Proterra's battery business for $210 mln STOCKHOLM, Nov 10 (Reuters) - Swedish truckmaker Volvo VOLVb.ST said on Friday it had won an auction for the battery business of troubled Proterra in the United States with a $210 million bid. The auction was part of the electric vehicle part supplier's ongoing U.S. Chapter 11 bankruptcy protection process.
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Reuters - vor 3 Wochen

Volvo To Acquire Battery Business From Proterra, Proterra Operating Company

BRIEF-Volvo To Acquire Battery Business From Proterra, Proterra Operating Company Nov 10 (Reuters) - Volvo AB VOLVb.ST : VOLVO TO ACQUIRE BATTERY BUSINESS FROM PROTERRA INC. AND PROTERRA OPERATING COMPANY PROTERRA INC. AND PROTERRA OPERATING COMPANY INC. ARE IN A VOLUNTARY CHAPTER 11 BANKRUPTCY PROCESS IN US Source text for Eikon: ID:nWkrby8St3 Fur
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Reuters - vor 3 Wochen

Polestar the first EV maker to incorporate StoreDot's fast-charging batteries

Polestar the first EV maker to incorporate StoreDot's fast-charging batteries By Steven Scheer JERUSALEM, Nov 9 (Reuters) - Israeli start-up StoreDot said on Thursday Polestar Automotive PSNY.O will be the first automaker to incorporate its fast-charging battery cells, which can be recharged almost to full in 10 minutes, in its vehicles. The Swedish EV maker, backed by Volvo and Geely, is already one of about 15 automakers and others including BP, Daimler and Volvo Cars who are strategic partner
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Reuters - vor 3 Wochen

Swedish EV maker Polestar trims delivery forecast, halves margin target

UPDATE 1-Swedish EV maker Polestar trims delivery forecast, halves margin target Adds executive comments in paragraphs 6 and 7 and details in paragraphs 11 and 12 By Abhirup Roy Nov 8 (Reuters) - Swedish electric vehicle maker Polestar PSNY.O trimmed its 2023 delivery forecast on Wednesday to the lower end of its earlier guidance and halved its gross margin target, amid fears of a slowdown in EV demand and global economic uncertainty.
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