Despite these concerns, Daimler Truck reported a marginally better-than-expected core profit for the third quarter.

Brent crude oil futures were up 29 cents, or 0.39%, at $75.21 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 18 cents or …

Stellantis, the result of a merger between Fiat Chrysler Automobiles and Peugeot (PSA) in 2021, has been facing a challenging economic environment, with its stock …

Audi, a subsidiary of the struggling Volkswagen Group, is targeting a reduction of around 15% in its workforce, primarily affecting so-called “indirect jobs” such as …

Owners of affected vehicles are advised to follow the recommended safety measures until their vehicles can be repaired.

China has elevated its dispute with the European Union over electric vehicle tariffs to the World Trade Organization (WTO), marking a significant escalation in the …

German state-owned utility company Uniper is reconsidering the pace of its €8 billion (USD 8.7 billion) green energy transformation, citing slower than anticipated industrial demand …

Saudi Aramco’s third-quarter profits declined 15.4% year-over-year, but the state-owned oil giant will maintain its substantial dividend payout amid growing pressure on Saudi Arabia’s public …

The market had gained more than 2% in the previous session, buoyed by the decision from OPEC+ to delay a planned production hike in December.

The EU launched an anti-subsidy investigation into Chinese-made battery EVs last year, citing concerns about unfair state subsidies.