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Hyundai Motor hires former GM researcher to lead self-driving car center

Hyundai Motor Group has hired a former General Motors researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating efforts on the fast-growing technology. Lee Jin-woo, 47, who has previously led autonomous driving …

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Hyundai Motor hires former GM researcher to lead self-driving car center

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Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo

SEOUL (Reuters) – Samsung Electronics Co Ltd will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. The South Korean firm said in October it was

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Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo

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New drug approvals fall to six-year low in 2016

Last year turned out to be a disappointing one for new drug approvals with the U.S. Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down on 2015's tally of 45. Across the

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New drug approvals fall to six-year low in 2016

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Bitcoin jumps above $1,000 for first time in three years

By Jemima Kelly LONDON (Reuters) – Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 percent to $1,022 on the…

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Bitcoin jumps above $1,000 for first time in three years

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Hyundai, Kia target sales rebound after first fall in 18 years

Hyundai Motor and affiliate Kia Motors on Monday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their first annual sales fall in nearly two decades last year. Sales could get a lift this year with emerging markets such as Russia stabilizing, and with Hyundai and Kia Motors gearing up to boost supply to the United States and China, analysts said. “With the global economy continuing its low growth, trade protectionism spreading and competition intensifying in…

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Hyundai, Kia target sales rebound after first fall in 18 years