auto-industry
Tesla crash raises concerns about autonomous vehicle regulation
July 3, 2016 by creative · Leave a Comment
The fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives and regulators to ensure that automated driving technology is deployed safely. Shares of Tesla and Mobileye NV, the maker of the camera vision system used in the Model S, rose on Friday as analysts said the accident was likely a short-term setback. On Friday, the U.S. National Highway …
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Tesla crash raises concerns about autonomous vehicle regulation
auto-industry
IMF’s Lagarde says markets need clarity on China currency
January 23, 2016 by publisher · Leave a Comment
Financial markets need more clarity on how the Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Asked at a…
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IMF’s Lagarde says markets need clarity on China currency
auto-industry
Google to pay $185 million UK back taxes, critics want more
January 23, 2016 by creative · Leave a Comment
Google has agreed to pay 130 million pounds ($185 million) in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners who said the “derisory” figure smacked of a “sweetheart deal”. Google, now part of Alphabet Inc , has been under pressure in recent years over its practice of channeling most profits from European clients through Ireland to Bermuda, where it pays no tax on them. In 2013, the …
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Google to pay $185 million UK back taxes, critics want more
auto-industry
VW China Chief: ‘volume isn’t everything’ in contest with GM
January 23, 2016 by publisher · Leave a Comment
Volkswagen AG's China chief said on Saturday he's optimistic in the company's outlook for this year, saying “volume isn't everything” in the competition with General Motors Co to lead the
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VW China Chief: ‘volume isn’t everything’ in contest with GM