The pan-European Stoxx 600 closed provisionally 0.3 percent lower with most sectors in the red. Basic resources stocks were under pressure as trade concerns lingered. Europe’s tech sector was also on the back foot, down 1.62 percent amid concerns big technology companies are struggling to deliver on earnings. Enterprise software firm Sage was the biggest… Continue reading European stocks close lower on earnings; Heineken shares
drop more than 6%
Tag: Possible_Terrorism_Warfare
As Hyundai struggles, its labor union shows signs of softening
SEOUL (Reuters) – When workers at South Korea’s Hyundai Motor (005380.KS) went on strike last year, the stoppage lasted 24 days, triggered months of negotiations and netted them their smallest raise in nearly a decade. FILE PHOTO: A worker works at an assembly line before unionised workers attend a strike at a main factory of… Continue reading As Hyundai struggles, its labor union shows signs of softening
Daimler’s workers to defend jobs if tariffs force production shift
FRANKFURT (Reuters) – Daimler’s (DAIGn.DE) German workforce will seek to defend local jobs if the luxury carmaker attempts to shift some production to the United States in response to trade tariffs, supervisory board member Roman Zitzelsberger told Reuters. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018.… Continue reading Daimler’s workers to defend jobs if tariffs force production shift
After the Fatal Crash, Uber Revamps Its Robo-Car Testing
In the four months since an Uber self-driving car struck and killed a woman in Arizona, the ride-hail company’s autonomous vehicle tech has stayed off public roads. The governor of that state banned Uber from testing there; the company let its autonomous vehicle testing permit lapse in California; it pulled its vehicles off the streets… Continue reading After the Fatal Crash, Uber Revamps Its Robo-Car Testing
Uber self-driving cars back on public roads, but in manual mode
Uber is putting its autonomous vehicles back on Pittsburgh’s city streets, four months after a fatal accident involving one of its self-driving cars prompted the ride-hailing company to halt testing on public roads. But for now, Uber’s modified self-driving Volvo XC90 vehicles will only be driven manually by humans and under a new set of safety… Continue reading Uber self-driving cars back on public roads, but in manual mode
New FCA CEO Manley a 'brilliant' exec
In this file photo taken on January 15, 2018 Mike Manley, the then-head of Ram brand, speaks at the 2018 North American International Auto Show. Fiat Chrysler appointed Manley as new CEO on Saturday. (Photo: Jewel Samad, AFP/Getty Images) As the man who guided Jeep and Ram to meteoric success, Mike Manley’s sense of humor… Continue reading New FCA CEO Manley a 'brilliant' exec
Here's why Trump wants sensitive details from automakers' operations
Ford CEO James Hackett and President Donald Trump during a meeting with automotive executives in the White House, Friday, May 11, 2018, in Washington. (Photo: Evan Vucci, AP) WASHINGTON – Automakers are crying foul after the Trump administration demanded information about their operations — including what some say is sensitive, proprietary information — as part of an… Continue reading Here's why Trump wants sensitive details from automakers' operations
Robot Truck Upstart Embark Hauls In $30 Million To Take On Waymo And Uber
Embark co-founders Alex Rodrigues, left, and Brandon Moak with their fleet of autonomous semi-trucks at the startup’s operations center in Ontario, California. Embark Trucks What makes a couple of brash 22-year-old entrepreneurs think they can take on Waymo, the clear leader in self-driving vehicle technology, when it comes to putting autonomous trucks on the road? … Continue reading Robot Truck Upstart Embark Hauls In $30 Million To Take On Waymo And Uber
VW CEO Diess pushes for margin improvements: Manager Magazin
FRANKFURT (Reuters) – Volkswagen Group’s (VOWG_p.DE) new chief executive Herbert Diess is pushing for faster margin improvements at its main Porsche, Audi and VW brands, German monthly Manager Magazin said. Audi head of the board Herbert Diess arrives to the company’s annual shareholders meeting in Ingolstadt, Germany May 9, 2018. REUTERS/Michael Dalder – UP1EE590M99V0 Diess… Continue reading VW CEO Diess pushes for margin improvements: Manager Magazin
Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe
All articles and backgrounds 07/19/2018 Response to Trump’s trade war with China Volvo is shifting SUV production from China to Europe Volvo Volvo XC 60: Models planned for the US run in the future from Europe in Europe – no longer in China The Swedish-Chinese car manufacturer Volvo reacts quickly to the trade dispute between… Continue reading Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe