The US government is aiming to accelerate the deployment of autonomous vehicles and eliminate obstacles to their adoption. On Tuesday, the association representing self-driving car companies urged the federal government to take further action, including establishing a unified set of regulations to
The US government is aiming to accelerate the deployment of autonomous vehicles and eliminate obstacles to their adoption. On Tuesday, the association representing self-driving car companies urged the federal government to take further action, including establishing a unified set of regulations to
U.S. bribery allegations against Adani Group founder Gautam Adani have spotlighted a pressing issue for Indian renewable energy developers: the struggle to secure buyers for their power. Despite India’s commitment to transitioning from coal to solar and wind, state-run power distribution companies
Despite recent market volatility, investors remain optimistic about further gains for Japanese technology investor SoftBank Group, which is seeing strong performance in its stock portfolio. The company is expected to report a quarterly profit of 287 billion yen ($1.87 billion) on Tuesday,
Tesla’s audacious venture into the realm of robotaxis is underpinned by a bold gamble on artificial intelligence. At the heart of this ambitious endeavor lies a technology known as the “black box” AI, a mysterious and enigmatic system that could revolutionize autonomous
The world’s two largest commercial jet makers struck deals to sell billions of dollars worth of planes at this week’s airshow in Singapore, but supply chain disruptions mean they may struggle to deliver on time. Meeting delivery targets is crucial for cash
Sweden’s Ericsson said on Wednesday that it partnered with Deutsche Telekom to offer software tools for developers and business customers, allowing telecom operators to get more revenue from 5G. The new software will help developers create utterly new use cases based on
China’s central bank has asked some of the country’s biggest lenders to refrain from immediately squaring their foreign exchange positions in the market and to run open positions for a while to alleviate downside pressure on the yuan. According to two sources
Dutch brewer Heineken on Friday announced it was pulling out of Russia after selling its operations there to the Arnest Group, the largest Russian manufacturer of cosmetics, household goods, and metal packaging. Heineken said it would incur a total loss of about
You may be surprised if you plan to purchase a Ford Mustang GT. The automaker has just pulled the wraps off a limited-edition version of its pony car, poised to turn heads with a staggering 800 horsepower and a $300,000 sticker. The
Shares in Dutch payments processor Adyens fell by over a quarter on Thursday after its first-half earnings missed analysts’ estimates and the company’s medium-term targets. It cited slower growth in North America, ongoing hiring costs, and rising inflation and interest rates, which
