Uber suspends unlicensed service in Finland until next year
(Reuters) – Uber said on Thursday it would suspend its unlicensed service UberPOP in Finland until a law deregulating the taxi market comes into effect next year.
China’s Baidu being probed after CEO tests driverless car on public roads
BEIJING/SHANGHAI (Reuters) – Baidu Inc, China’s biggest search engine provider, is under investigation to determine whether it had broken any laws after its chief executive tested a driverless car on public roads, Beijing’s traffic police said on Thurs…
China’s Fosun says online rumors about chairman false after shares fall
SHANGHAI (Reuters) – Chinese conglomerate Fosun saw shares in its listed units fall on Thursday, prompting it to refute online rumors that it had lost contact with its billionaire chairman, Guo Guangchang.
Ford’s China sales bounce back in June as tax impact fades
BEIJING (Reuters) – Ford Motor Co said its China sales surged 15 percent in June, their strongest pace of the year, and it was optimistic about the outlook for the second half as the industry puts the phasing out of a tax cut behind it.
SoftBank aims to raise $3 billion to $5 billion via bond issue: source
HONG KONG (Reuters) – Japan’s SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans.
Tesla shares drift lower as Model S fails to ace some safety tests
(Reuters) – Shares of Tesla Inc fell for the third straight day on Thursday, after its Model S sedan failed to get the top score in some tests conducted by a U.S. safety group and a larger rival secured supplies to power its electric vehicle program.
Dollar steadies after Fed minutes, markets await more central bank cues
TOKYO (Reuters) – The dollar steadied against its peers early on Thursday after the Federal Reserve’s policy meeting minutes took the wind out of its advance, with the market awaiting comments by central bankers and U.S. data for its next cues.
Wall Street set for fall as Europe, emerging market FX tumble
LONDON (Reuters) – Oil recovered from a heavy fall on Thursday but European stocks and the biggest emerging market currencies tumbled for a second day, as investors retreated in the face of rising global borrowing costs.
Intel, John McAfee settle lawsuits over antivirus pioneer’s name
NEW YORK (Reuters) – John McAfee, the creator of eponymous antivirus computer software, has settled a lawsuit against Intel Corp over his right to use his name on other projects after the chipmaker bought his former company.
Fed posts banks’ ‘living wills,’ gives AIG, Prudential more time
NEW YORK (Reuters) – U.S. bank regulators disclosed on Wednesday how eight of the nation’s largest banks would wind themselves down in the face of collapse and gave American International Group Inc (AIG) and Prudential Financial Inc an extra year to submit their doomsday plans.
