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OSLO (Reuters) – Volvo Cars’ sales fell by 3% year-on-year in December to 73,804 cars as the sale of hybrid vehicles declined, the Sweden-based automaker said on Tuesday. The number of electrified cars, including fully electric and plug-in hybrid vehicles, rose by 20% year on year in December, while so-called mild hybrids with only internal …

Volvo Cars December sales down 3% while electric vehicles rise Read More »

By Max A. Cherney and Stephen Nellis (Reuters) -Nvidia on Monday took the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business. At CES 2025, a major annual tech conference in Las …

Nvidia unveils robot training tech, new gaming chips and Toyota deal Read More »

By Andrea Shalal WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Monday denied a newspaper report that said his aides were exploring tariff plans that would only cover critical imports, deepening uncertainty among business leaders about future U.S. trade policies. Trump responded on his Truth Social platform after the Washington Post cited three sources familiar with …

Trump denies report that his team is eyeing pared-back tariffs Read More »

By Sheila Dang and Jonathan Stempel (Reuters) -Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant’s advanced plastics recycling initiatives. The lawsuit is a sign of how Exxon is increasingly fighting back against environmentalists and …

Exxon sues California AG, environmental groups over attacks on recycling efforts Read More »

By David Shepardson WASHINGTON (Reuters) -The outgoing U.S. transportation secretary said on Monday that Boeing has more to do and its efforts to improve its culture are unfinished after a door panel missing four key bolts flew off a new 737 MAX 9 in mid-air in January 2024. “There were real deficiencies … there is …

Outgoing US transport chief says Boeing has more to do after 737 MAX incident Read More »

By Sruthi Shankar, Johann M Cherian and Carolina Mandl (Reuters) -The S&P 500 and the Nasdaq Composite rose on Monday to more than one-week highs, boosted by a rally in semiconductor stocks and a report that suggested the incoming Trump administration could adopt a less aggressive tariff stance than expected. The Dow Jones Industrial Average …

S&P 500, Nasdaq end higher, driven by tech stocks Read More »