Cadillac edges Tesla in semi-automated driving test
General Motors Co’s Cadillac outscored Tesla Inc in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday.
Oil holds near four-year highs as Saudi, Russia agree supply rise
Oil held near four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production boost from Saudi Arabia and Russia.
Global bonds, dollar track U.S. yield surge, stocks downbeat
A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while stocks sagged in response.
Danske Bank faces U.S criminal inquiry over suspicious Estonian accounts
Danske Bank faces a criminal investigation by the U.S. Department of Justice over a 200 billion euro ($230 billion) money laundering scandal involving its Estonian branch, increasing long-held investor fears.
Dollar elated by yield surge, Asia stocks downcast
The dollar scored an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since May 2011, while Asian stocks were sideswiped by rising borrowing costs at home.
Danske Bank under investigation by DOJ over Estonia accounts
Danske Bank said on Thursday that it was being investigated by the U.S. Department of Justice about non-resident accounts at its Estonian branch which are at the center of a 200 billion euro ($230 billion) money laundering scandal.
Comcast secures over 75 percent of Sky shares
Comcast said it had secured over 75 percent of Sky’s shares, bringing it closer to finalizing the $40 billion takeover of the British pay TV group.
Oil slips as Saudi and Russia quietly agree output rise, US stocks swell
Oil prices on Thursday slipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.
Toyota, SoftBank team up to develop self-driving car services
Toyota Motor Corp and SoftBank Group Corp said they will team up to develop car services that rely on self-driving technology, such as hospital shuttles, as they envision a future in which fewer people drive their own vehicles.
EaComcast secures over 75 percent of Sky shares
Comcast said it had secured over 75 percent of Sky’s shares, bringing it closer to finalizing the $40 billion takeover of the British pay TV group.
