News tagged: Transportation

Tag: Transportation

Wall Street Set for Steady Start on Hopes of Rate Cuts; Company Earnings in Focus

Market Update

August 5, 2025

Wall Street Set for Steady Start on Hopes of Rate Cuts; Company Earnings in Focus

U.S. stock markets are expected to open slightly higher on Tuesday, supported by hopes of interest rate cuts and strong earnings from major compani...

Mazda Faces $987M Loss from U.S. Tariffs, Plans to Cut Impact

Stock Market

August 5, 2025

Mazda Faces $987M Loss from U.S. Tariffs, Plans to Cut Impact

Japanese carmaker Mazda expects to lose nearly $987 million this year due to new U.S. import tariffs, but the company is working on ways to reduce ...

Saudi Aramco Profits Drop 22% as It Plans Cost Cuts and Sells Assets

Commodities

August 5, 2025

Saudi Aramco Profits Drop 22% as It Plans Cost Cuts and Sells Assets

Saudi oil giant Aramco reported a 22% fall in profit for the second quarter of 2025 as oil prices dropped and debt increased. The company is now pl...

Gold Dips Slightly as Market Waits for Fed Decision

Commodities

August 5, 2025

Gold Dips Slightly as Market Waits for Fed Decision

Gold prices eased a little on Tuesday, taking a breather after rising for three straight days. Investors are watching closely as weak U.S. job data...

Volvo Reports 14% Drop in July Sales Amid Weak EV Demand

Stock Market

August 4, 2025

Volvo Reports 14% Drop in July Sales Amid Weak EV Demand

Volvo (ST:VOLVb) saw its global vehicle sales fall by 14% year-on-year in July, delivering 49,273 units amid continued weakness in electric vehicle...

Oil Falls as OPEC+ Output Hike and Weak U.S. Data Raise Demand Concerns

Commodities

August 4, 2025

Oil Falls as OPEC+ Output Hike and Weak U.S. Data Raise Demand Concerns

Oil prices extended their decline on Monday as OPEC+ confirmed another production increase for September, while signs of economic cooling in the U....

European Stocks Slip on Fresh Trade Tensions; Eyes on Eurozone CPI and U.S. Jobs Report

Stock Market

August 1, 2025

European Stocks Slip on Fresh Trade Tensions; Eyes on Eurozone CPI and U.S. Jobs Report

European stock markets fell on Friday as investors reacted to new U.S. trade tariffs, mixed corporate earnings, and awaited important economic data...