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Honda to develop advanced level 3 self-driving technology by 2029
TOKYO (Reuters) - Honda said it would develop technology enabling its level 3 self-driving capability to function at any speed below legal limits on highways by the second half of the 2020s as it stri...
Syndicated Content Nov 30, 2022
Bugatti joint venture profitable “beyond expectations” – Rimac CEO
By Nick Carey WARWICK, England (Reuters) - The joint venture between Croatian electric carmaker Rimac and Bugatti has been far more profitable than anticipated as the two brands work on developing veh...
Syndicated Content Nov 30, 2022
U.S. pending home sales fall 4.6% in October
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell for a fifth straight month in October as the housing market continued to sag amid higher mortgage rates. The National Associati...
Syndicated Content Nov 30, 2022
BlackRock backs banks, cuts European, EM debt as part of “new playbook”
LONDON (Reuters) - Asset manager BlackRock has said 2023 will require a new investment playbook, backing banks and energy sectors to do well while slapping 'underweights' on longer-term European gover...
Syndicated Content Nov 30, 2022
Senate banking chief urges U.S. Treasury to secure new crypto rules
By Hannah Lang (Reuters) -A Democratic senator and chair of a key committee on Wednesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency...
Syndicated Content Nov 30, 2022
Yellen says she ‘certainly’ plans to remain as Treasury secretary
NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said she "certainly" planned to stay on in her job for the duration of President Joe Biden's term, dismissing speculation she was...
Syndicated Content Nov 30, 2022
Road access to Brazil’s busiest Paranagua port cut off by landslide
By Roberto Samora SAO PAULO (Reuters) - Delivery of goods by road to Brazil's busiest port for grains and sugar has been cut off by a landslide caused by heavy rainfall in the southern parts of the co...
Syndicated Content Nov 30, 2022
Spotify CEO renews attack on Apple after Musk’s salvo
STOCKHOLM (Reuters) - Spotify CEO Daniel Ek renewed his attack on Apple on Wednesday through a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling ...
Syndicated Content Nov 30, 2022
U.S. hedge fund Engine Capital urges Univar to consider sale, other options
(Reuters) -U.S. hedge fund Engine Capital on Wednesday urged Univar Solutions Inc to consider a sale or other strategic options, days after Germany's Brenntag SE said it was in preliminary talks to bu...
Syndicated Content Nov 30, 2022
U.S. goods trade deficit widens sharply in October
WASHINGTON (Reuters) - The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand and a strong dollar. The goods trade deficit surged 7.7% to $99.0 billi...
Syndicated Content Nov 30, 2022
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