Markets

Ford Motor Co said on Wednesday its North American unit will spend US$180 million to correct a suspension issue in Explorer vehicles.

Ethiopia is aiming to award telco licenses to multinational mobile companies by the end of the year, ending a state monopoly and opening up one of the world's last major closed telecoms markets, three people with direct knowledge of the process said.

French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.

Messaging service provider Telegram has been hit by a "powerful" distributed denial-of-service (DDoS) attack and users in the United States and other countries may experience connection issues, the company said in a tweet https://twitter.com/telegram/status/1138768124914929664?s=20 on Wednesday.

WASHINGTON: Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions. Uber said the new production XC90 will be assembled by Volvo Cars in Sweden and have human controls ...

Britain's media regulator has given the BBC provisional permission to change its popular iPlayer on-demand platform from a 30-day catch-up service to one where programmes are available for 12 months or longer.

Facebook Inc said on Wednesday monthly users to its Watch video service had doubled since December while announcing more partnerships with international broadcasters and publishers in its bid to take on Alphabet Inc's YouTube.

Ford Motor Co's majority owned autonomous vehicle subsidiary, Argo AI, launched its new fleet of self-driving test vehicles - Ford Fusion Hybrid - in Detroit on Wednesday, expanding its presence to five U.S. cities.

LONDON: News organisations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don't want to pay for online news, the Reuters Institute found. Swiftly accelerating mobile internet and smartphones have revolutionised ...

Asian markets were mixed Wednesday after two days of healthy gains but Hong Kong sank more than one percent as a huge protest paralysed key roads in the city and a number of local businesses shut up shop.