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Driverless cars: Tesla’s fatal crash may slow R&D speed
4 July 2016 2:49 AM ISTIt was the crash the auto industry knew was coming but still feared. The death of a driver who was using Tesla Motors’ semi-autonomous mode could add...
Car’s cameras failed to tell tractor-trailer from sunny sky
4 July 2016 2:45 AM ISTThe US National Highway Traffic Safety Administration is investigating the design and performance of the Tesla Model S vehicle’s “Autopilot” system...
Toyota’s US robotics boss promises results within 5 years
22 Jun 2016 4:29 AM ISTThe US robotics expert tapped to head Toyota's Silicon Valley research company said the $1 billion investment by the giant Japanese automaker will...
Future retail? Wal-Mart to test Uber, Lyft for online grocery delivery
5 Jun 2016 4:00 AM ISTWal-Mart Stores Inc says it will be testing its grocery delivery service with ride-hailing companies Uber and Lyft in the next two weeks in Denver and...
Two China factory surveys too portray lingering weakness
3 Jun 2016 5:15 AM ISTThe country’s massive manufacturing sector, which employs many millions of workers, eked out a tiny expansion in May, according to an official index...
Jack Ma cancels speech at anti-counterfeiting convention in America
20 May 2016 3:27 AM ISTAlibaba announced the move on Tuesday following last week's suspension of the company's membership in the International Anti-Counterfeiting Coalition,...
China inflation rises to 2.3%
12 March 2016 5:01 AM ISTChina’s inflation accelerated to 2.3 per cent in February, driven by a jump in food prices, but stayed below the government’s official target for the...
Cook defends his resistance to FBI
29 Feb 2016 2:52 AM ISTApple CEO Tim Cook got a standing ovation at his first stockholder meeting since his company’s epic clash with the FBI. He defended his unbending...
Key Japan stock index falls 5.4%, leads global markets lower
11 Feb 2016 3:52 AM ISTFinancial markets turned lower once again on Tuesday after a 5.4 per cent slide in Japan’s main stock index and the interest rate on the country’s...
Italian-American car maker Fiat Chrysler’s earnings crash 40%
29 Jan 2016 4:31 AM ISTCarmaker Fiat Chrysler said on Wednesday it would revise its five-year business expansion plan after reporting a 40 per cent drop in earnings last...
Iran moves assets to test lifting of sanctions
20 Jan 2016 6:48 AM ISTIran has successfully transferred some of its formerly frozen assets in order to ensure that financial sanctions have been fully lifted in accordance...
China announces plan to limit large share sales
8 Jan 2016 4:22 AM ISTChina plans to restrict stock sales by large shareholders once a ban imposed in July to stop a slide in prices is lifted this week. Stockholders who...