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
TOKYO (Reuters) – Toyota (7203.T) on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports utility vehicle back on the
The Russian state has taken control of French yogurt maker Danone’s (DANO.PA) Russian subsidiary along with beer company Carlsberg’s (CARLb.CO) stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday. The decree said that foreign-owned stakes
The world’s major accounting firms are investing in new Indian facilities away from bigger cities as global demand for cheaper back office operations grows and smaller towns move up the economic value chain. Traditionally, large multinational corporations have rushed to India’s biggest
On Tuesday, oil prices were little changed as traders weighed supply cuts by the world’s biggest oil exporters against a sluggish global economic outlook. Brent crude futures were up 2 cents to $77.71 a barrel by 0945 GMT, while U.S. West Texas
A top shareholder ruled out adding to its stake in troubled Credit Suisse, deepening the Swiss bank’s crisis amid market turmoil that has roiled markets. The chairman of Saudi Arabia’s largest lender said his institution could not raise its 9.9% stake because
U.S. chipmaker Broadcom (AVGO.O) will invest in a European Union-funded program to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. “Excited to announce our decision to invest in Spain’s semiconductor ecosystem under their semiconductor support program,”
Volkswagen is in talks with Tesla to adopt it’s charging standard, a big move that could help standardize the plug used on electric vehicles across North America. The German automaker’s charging network unit Electrify America has already agreed to use Tesla’s North
In luxury brands, one name stands tall as a paragon of excellence and innovation: Bernard Arnault. As the Chief Executive Officer of LVMH Moët Hennessy Louis Vuitton SE (LVMH), Arnault has masterfully steered the conglomerate to remarkable heights, propelling it to become
As Twitter 2.0 works to improve itself under new CEO Linda Yaccarino, one of its key offices in Boulder is losing it. The company needs to pay a substantial amount of rent on the office they have been using, and now a
A dozen companies from Saudi Arabia bought more than 2.2 million tonnes of carbon credits on Wednesday as the Kenyan capital hosted what organizers have billed as the world’s largest sale. Demand for carbon offsets, generated through projects such as tree planting