Daimler to test self-driving trucks in Germany this year: paper
FRANKFURT (Reuters) – German carmaker Daimler is planning to test self-driving trucks as early as this year, executive board member Wolfgang Bernhard told a German newspaper.
India’s Reliance to launch telecom venture with over 1,000 stores
MUMBAI (Reuters) – India’s Reliance Industries Ltd will launch its ambitious 4G telecoms venture in December through a direct physical presence in over 1,000 “Jio Centers” and will also sell self-branded devices under its retail unit, the company discl…
Next IMF boss likely to come from outside Europe: deputy head
ATHENS (Reuters) – The next managing director of the International Monetary Fund is likely to come from outside Europe when current leader Christine Lagarde eventually leaves, the deputy head of the Washington-based fund said in an interview broadcast …
Wall Street slides to end rough week on macro, earnings concerns
(Reuters) – The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.
Fed inadvertently publishes staff forecast for 2015 rate hike
WASHINGTON (Reuters) – Staff economists at the Federal Reserve expect a quarter-point U.S. interest rate increase this year, according to forecasts the Fed mistakenly published on its website in a gaffe that drew criticism about its ability to keep sec…
Security worries delay start of Greece’s new bailout talks
BRUSSELS/ATHENS (Reuters) – Talks on tying up a new bailout deal for Greece failed to start on Friday as had been expected, with officials blaming security worries for delaying the negotiations with international creditors who are detested by many Gree…
Fiat Chrysler U.S. to recall vehicles to prevent hacking
DETROIT/SAN FRANCISCO (Reuters) – Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal officials said was the fi…
Boeing names new head of 787 program, signals continuity
NEW YORK (Reuters) – Boeing Co on Friday named Mark Jenks as head of its flagship 787 Dreamliner passenger jet program, succeeding Larry Loftis, who will retire at the end of July.
Anthem to buy Cigna, creating biggest U.S. health insurer
(Reuters) – Anthem Inc said on Friday it would buy Cigna Corp for about $54.2 billion, creating the largest U.S. health insurer by membership and accelerating the industry’s consolidation from five national players to three.
Wall Street slides to end rough week on macro, earnings concerns
(Reuters) – The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.
