Lyft surpasses 5,000 self-driving rides with Aptiv fleet
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
Futures gain ahead of planned U.S.-China trade talks
U.S. stock index futures rose on Tuesday on hopes that planned trade talks between the United States and China would help resolve the dispute between the world’s two largest economies.
Trump’s Fed attack sees dollar dive and emerging markets rally
Critical comments by U.S. President Donald Trump about the country’s central bank saw the dollar fall for the fourth straight day in its worst spell since March, boosting emerging market stocks and currencies in the process.
Britain can’t afford to close door to EU banks after Brexit
Britain is expected to keep the door open for European Union banks and investors after Brexit to try to preserve London’s global financial clout, irrespective of whether it gets a good trade deal from the bloc, bankers and industry officials say.
Norway wealth fund allowed to stay on as investor if Tesla goes private
Rules governing Norway’s $1 trillion wealth fund would allow it to stay on as an investor in Tesla if the electric carmaker goes private, its deputy CEO said on Tuesday.
Trump’s Fed attack sees dollar dive and stocks struggle
Critical comments by U.S. President Donald Trump about the country’s central bank held back some stocks on Tuesday, while the dollar fell for the fourth consecutive day in its worst spell since March.
Asian stocks up on hopes trade tensions ease, Trump comments hit dollar
Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.
Fed’s solo act faces tremors in Turkey and a slower Europe
The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans.
U.S. tariffs cast a cloud over Huawei’s solar electronics launch
Huawei Technology Co’s coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts had seen as challenging rivals on pricing.
Japan’s Daikin, thriving in Asia and India, sets sights on Africa
Daikin Industries, the world’s largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its key technology with a Chinese company.
