By Mathieu Rosemain PARIS (Reuters) – Drugmaker Sanofi is investing $180 million in French startup Owkin, whose predictive algorithms aim […]
A dovish rate hike? The case that loose Fed policy could backfire on jobs
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve for the past 20 months has put its monetary policy […]
China’s WeRide to launch robotaxis on GAC’s Ontime ride-hailing app
SHANGHAI (Reuters) – WeRide, a China-based autonomous driving startup, said on Thursday it plans to make its robotaxis available for […]
Toyoda gets rare third term as head of Japan’s auto lobby
TOKYO (Reuters) – The Japanese automotive lobby said on Thursday it has chosen Toyota President Akio Toyoda to serve a […]
Carlyle agrees to buy Swiss industrial software firm AutoForm
LONDON (Reuters) – U.S. buyout fund Carlyle said on Wednesday it had agreed to acquire Swiss industrial software firm AutoForm […]
China Evergrande sells entire stake in streaming platform HengTen to ease debt burden
By Clare Jim and Indranil Sarkar HONG KONG (Reuters) -China Evergrande Group is selling its entire stake in streaming services […]
European new car sales down in October – ACEA
BERLIN (Reuters) – New car registrations in Europe tumbled almost 30% in October as global semiconductor shortages continued to hurt […]
China walks a tightrope on property clampdown
By Gabriel Crossley BEIJING (Reuters) – China’s property sector, a major driver of economic growth, has weakened sharply this year […]
Shipping rate surge threatens global economy recovery, UNCTAD says
By Jonathan Saul LONDON (Reuters) – A surge in container shipping rates poses a threat to the global economic recovery, […]