Advertisement
Canada markets close in 5 hours 45 minutes

  • S&P/TSX

    22,123.12
    +175.71 (+0.80%)
     

  • S&P 500

    5,159.71
    +31.92 (+0.62%)
     

  • DOW

    38,825.20
    +149.52 (+0.39%)
     

  • CAD/USD

    0.7327
    +0.0018 (+0.25%)
     

  • CRUDE OIL

    78.90
    +0.79 (+1.01%)
     

  • Bitcoin CAD

    87,393.02
    +194.07 (+0.22%)
     

  • CMC Crypto 200

    1,376.18
    +63.56 (+4.84%)
     

  • GOLD FUTURES

    2,337.60
    +29.00 (+1.26%)
     

  • RUSSELL 2000

    2,059.62
    +23.90 (+1.17%)
     

  • 10-Yr Bond

    4.5060
    +0.0060 (+0.13%)
     

  • NASDAQ

    16,254.90
    +98.57 (+0.61%)
     

  • VOLATILITY

    13.67
    +0.18 (+1.33%)
     

  • FTSE

    8,213.49
    +41.34 (+0.51%)
     

  • NIKKEI 225

    38,236.07
    -38.03 (-0.10%)
     

  • CAD/EUR

    0.6789
    +0.0002 (+0.03%)
     
MARKETS LIVE BLOG:

STOCKS CLIMB AT OPEN AS RALLY LOOKS SET TO CONTINUE

Equities rallied at end of last week, getting a boost from a "Goldilocks" U.S. jobs print

Daimler Truck, Traton, Volvo sign off JV plans for Europe charging network

Reuters
Updated ·1 min read
A battery charger sign for electric cars is painted on the ground of a parking ground near the soccer stadium in Wolfsburg

BERLIN (Reuters) - Daimler Truck, Traton and Volvo have signed off plans announced in July https://www.reuters.com/article/truck-jv-electric-idCNL2N2OH0HN for a joint venture to set up a high-performance electric charging network for trucks and buses across Europe, the companies said on Thursday.

The three firms will invest 500 million euros ($565.10 million) to set up and operate at least 1,700 high-performance charging points near motorways and logistics hubs within five years, with operations set to commence in 2022.

The venture is still awaiting approval from authorities, the statement said.

($1 = 0.8848 euros)

(Reporting by Riham Alkousaa, Victoria Waldersee)