(Reuters) – Lyft said on Wednesday it will partner with Mobileye and two other companies in the robotaxi industry to bring self-driving cars onto its ridehail platform and bolster research and development in the sector. The app-based taxi platform will incorporate cars owned by third-party fleet operators, equipped with the Mobileye Drive self-driving system, as…
BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as effective and enforceable as the EU tariffs that were imposed last week, the likely future European Union trade chief said on Monday. The EU increased tariffs on Chinese-built EVs to as much as 45.3% last…
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating whether the fees charged by Visa and Mastercard have a negative impact on retailers, an EU document seen by Reuters showed. The European Commission, which enforces EU competition rules, sent questionnaires about both Visa and Mastercard to retailers and payment service providers in…
By Bo Erickson WASHINGTON (Reuters) – Seven battleground states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — are expected to play a decisive role in Tuesday’s U.S. presidential election between Democrat Kamala Harris or Republican Donald Trump. Here are ten counties to watch in those states. Early results based on partial returns…
By Anna Voitenko and Dan Peleschuk BUCHA, Ukraine (Reuters) – As Russian troops approached Dniprorudne in their February 2022 invasion of Ukraine, the city’s long-term mayor Yevhen Matvieiev could have fled to safety. Instead, he stayed behind to coordinate humanitarian aid and security for its residents as Moscow’s forces occupied the southeastern Ukrainian city. Weeks later…
(Reuters) – Major brokerages including J.P.Morgan, Barclays and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S. Federal Reserve at its November 6-7 meeting. The central bank cut interest rates by an oversized 50 basis points at its Sept. 17-18 meeting. Fed Chair Jerome Powell said the reduction was meant to show policymakers’…
PARIS (Reuters) – French President Emmanuel Macron declared on Monday that France was in the race for artificial intelligence and called on attendees at the AI Action Summit in Paris to choose Europe for their business needs. Clean electric power distinguishes France in addressing AI’s vast energy consumption, he said. “I have a good friend…
BRUSSELS (Reuters) – U.S. chipmaker Nvidia’s proposed acquisition of AI startup Run:ai will have to be approved by EU antitrust regulators before the deal can be completed, the European Commission said on Thursday. The EU competition enforcer said Nvidia will have to formally seek its approval for the deal, following a request from the Italian…
(Reuters) – Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its “best and final” price. The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing the company’s decision to accept Emerson’s $7.2 billion tender offer. “Our break price is ~$202…
LAUSANNE, Switzerland (Reuters) – The International Olympic Committee has no concerns over working with Donald Trump and his incoming administration on the Los Angeles 2028 Summer Olympics given the President-elect’s continued support of those Games, IOC President Thomas Bach said on Thursday. The Los Angeles Olympics were awarded in 2017 when Trump was president following…
