A higher risk of a split U.S. Congress and a contested election is being factored into some market analysts' models after some odds on the Presidential election have shown a narrowing.
Self-driving car firm Cruise said on Wednesday it and majority shareholder General Motors Co will be seeking U.S. regulatory approval in coming months to deploy the Cruise Origin, a vehicle with no steering wheel or pedals.
Bayer's Monsanto division on Wednesday lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop farmer.
Tesla Inc Chief Executive Elon Musk on Tuesday evening tweeted that the electric car maker will be rolling out a new version of its Full Self Driving software, the latest attempt by the California-based company to tout autonomous driving.
Democratic US presidential hopeful Joe Biden's promised return to diplomacy with OPEC-members Iran and Venezuela could cut a path for a return of their oil exports should he win, but not before many months at least of verifications, talks and deal-making.
Shares of Nikola Corp rose nearly 10per cent on Wednesday after a General Motors executive said the Detroit-based automaker still sees potential in a partnership with the electric and hydrogen truck startup, and is still discussing a deal.
Arizona reached a US$5 million settlement with Honda Motor Co's U.S. units Wednesday in a probe into defective Takata air bag systems, state Attorney General Mark Brnovich said.
The U.S. government's antitrust suit against Alphabet Inc's Google on Tuesday could deliver a huge opportunity for Microsoft Corp to increase usage of its Bing search engine, an unexpected epilogue years after it abandoned a long campaign for legal relief.
HSBC has launched a restructuring of its commercial banking business in Britain, a source familiar with the matter told Reuters on Wednesday, resulting in around 300 job losses.
The U.S. government's antitrust suit against Alphabet Inc's Google on Tuesday could deliver a huge opportunity for Microsoft Corp to increase usage of its Bing search engine, an unexpected epilogue years after it abandoned a long campaign for legal relief.
