Heavy Machinery and Vehicles (TRBC)

Exclusive: GE nears deal to merge transportation unit with Wabtec -…

Exclusive: GE nears deal to merge transportation unit with Wabtec -…

Published 21/05/2018

(Reuters) - General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. [more…]

Trade war backfire: Steel tariff shrapnel hits U.S. farmers

Trade war backfire: Steel tariff shrapnel hits U.S. farmers

Published 13/04/2018

KANE COUNTY, Ill. (Reuters) - Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain [more…]

Volkswagen’s new CEO says to consider asset sales

Volkswagen’s new CEO says to consider asset sales

Published 13/04/2018

WOLFSBURG, Germany (Reuters) - Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand [more…]

Volkswagen has no plans to cede control of trucks ops: chairman

Volkswagen has no plans to cede control of trucks ops: chairman

Published 13/04/2018

WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG_p.DE) will not list its trucks business this year and has no plans to cede control of the division, chairman [more…]

German utilities overhaul supports European stocks

German utilities overhaul supports European stocks

Published 12/03/2018

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 12, 2018. REUTERS/Staff/RemoteMILAN (Reuters) - European shares hit [more…]

The financial impact of Trump’s tariffs on steel and aluminum

The financial impact of Trump’s tariffs on steel and aluminum

Published 03/03/2018

DETROIT (Reuters) - If U.S. President Donald Trump goes ahead with sweeping tariffs on steel and aluminum imports, it could lower profits for companies making [more…]

Unhappy Canada vows to retaliate against any U.S. steel tariffs

Unhappy Canada vows to retaliate against any U.S. steel tariffs

Published 02/03/2018

FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gives a speech during a joint news conference with Mexican Foreign Minister Luis Videgaray and U.S. Secretary of [more…]

U.S. steel, aluminum stocks up on Trump’s tariffs, but other…

U.S. steel, aluminum stocks up on Trump’s tariffs, but other…

Published 02/03/2018

A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM's Orion Assembly plant in Orion, Michigan, U.S., June13, 2017. REUTERS/Rebecca Cook(Reuters) [more…]

Truckmaker AB Volvo drops Geely-linked board member after Daimler move

Truckmaker AB Volvo drops Geely-linked board member after Daimler move

Published 26/02/2018

Volvo Cars CEO Hakan Samuelsson shows their new model V60 station wagon at a press meeting outside Stockholm, Sweden February 21, 2018. TT News Agency/Henrik [more…]

Tractor maker Deere reports 23 percent jump in first-quarter revs

Tractor maker Deere reports 23 percent jump in first-quarter revs

Published 16/02/2018

The leaping deer trademark logo is seen on a sign outside a John Deere dealership in Taylor, Texas, U.S., February 16, 2017. REUTERS/Mohammad Khursheed(Reuters) - [more…]