Germany’s Bosch to offer lower-cost sensors for self-driving cars
German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars “see” a three-dimensional view of the road, aiming to lower the cost of technology that could speed the development of self-driving vehicles.
Oil starts new year higher on trade optimism, Middle East tensions
Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.
Xiaomi to invest $7 billion in 5G, AI and IoT over next five years
Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.
Tesla says will deliver second batch of China-made Model 3s on January 7
Tesla Inc will deliver a second batch of China-made Model 3 sedans to customers on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.
Uber Eats goes local to find its niche in South African food fight
A stone’s throw from Nelson Mandela’s former home in South Africa’s Soweto township, Dumile Badela’s restaurant is now more hectic and lucrative than ever, thanks to Uber Eats, his hungriest customer yet.
HSBC kicks off year with Hong Kong branches closed, vandalized
HSBC is being drawn into Hong Kong’s political turmoil with protesters attacking some of its branches and graffiti daubed on the famous pair of lions that guard its city-center headquarters.
Hyundai, Kia see 2020 sales rebound after missing target in 2019
South Korea’s Hyundai Motor and affiliate Kia Motors expect their combined sales to rise 5% in 2020, after missing their annual target for five years in a row.
Asian shares outperform global peers in December, but yearly gains lag
Asian shares gained for the fourth successive month in December as appetite for regional shares improved after the U.S. and China agreed on a preliminary deal to end their 17-month long trade war.
Asian shares jump on China policy easing, trade deal hopes
Asian shares kicked off 2020 on a strong note on Thursday, spurred by Chinese markets after Beijing eased monetary policy to support the slowing economy.
Exclusive: China halts British stock link over political tensions – sources
China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters.
