Tesla will remove more vehicle sensors amid Autopilot scrutiny
Tesla Inc (TSLA.O) said on Tuesday it will remove ultrasonic sensors from its vehicles starting this month, as it moves ahead with using only cameras…
Category: Business
China JD.com founder Liu settles U.S. rape civil suit
Billionaire Richard Liu, founder of one of China’s largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Minnesota student Liu…
Musk says Twitter deal is ‘accelerant’ to creating ‘everything app’
Elon Musk said on Tuesday buying Twitter Inc (TWTR.N) is an “accelerant to creating X, the everything app”, after the billionaire proposed to go ahead…
Sembcorp secures $3 bln shipbuilding contract from Brazil’s Petrobras
Singapore’s Sembcorp Marine (SCMN.SI) said on Wednesday its unit secured a $3.1 billion contract to build a vessel from Brazilian oil and gas producer Petroleo…
Philip Morris expects EU nod on $16 bln Swedish Match in late October
Philip Morris International (PM.N) expects EU antitrust approval for its $16 billion bid for tobacco and nicotine products maker Swedish Match (SWMA.ST) in late October,…
Wall St rallies as data, RBA move lifts hope of Fed easing
The S&P 500 index (.SPX) posted its biggest single-day rally in two years on Tuesday after softer U.S. economic data and Australia’s smaller-than-expected interest rate…
Ray Dalio gives up Bridgewater’s control as part of succession plan
Ray Dalio, the billionaire investor who built Bridgewater Associates into one of the world’s biggest hedge funds, has handed over control of the $150 billion…