HONG KONG, Aug 19 (Reuters) – Chinese internet giant Baidu Inc (9888.HK) has raised $1 billion in a two-tranche, U.S. dollar sustainability bond, its first environment, social and governance (ESG) transaction. A 5.5-year tranche bond raised $300 million and the 10-year tranche secured $700 million, a company statement said. The shorter dated bond was priced… Continue reading Sustainable BusinessBaidu raises $1 bln in ESG bond issue despite China tech sector woes2:19 AM UTC
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Technology · 9:09 PM UTCFacebook removes dozens of vaccine misinformation ‘superspreaders’Facebook Inc (FB.O) said it removed over three dozen pages s…
Facebook app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Aug 18 (Reuters) – Facebook Inc (FB.O) said it removed over three dozen pages spreading misinformation about COVID-19 vaccines, after the White House called on social media firms to tighten controls on pandemic-related facts shared on their platforms. Companies… Continue reading Technology · 9:09 PM UTCFacebook removes dozens of vaccine misinformation ‘superspreaders’Facebook Inc (FB.O) said it removed over three dozen pages s…
TechnologyRyder will manage Waymo autonomous truck fleets5:08 PM UTC
A Waymo employee hails a ride on their phone during a demonstration in Chandler, Arizona, November 29, 2018. REUTERS/Caitlin O’Hara DETROIT, Aug 18 (Reuters) – Truck fleet operator Ryder System Inc (R.N) will manage and maintain autonomous trucks for Waymo Via, the autonomous truck unit of Google parent Alphabet Inc (GOOGL.O), the companies said on… Continue reading TechnologyRyder will manage Waymo autonomous truck fleets5:08 PM UTC
TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC
Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid self-driving vehicles are parked and displayed during a demonstration in Chandler, Arizona, November 29, 2018. REUTERS/Caitlin O’Hara Aug 18 (Reuters) – Aurora, the Silicon Valley self-driving startup founded by former Tesla, Uber and Google executives, has released what it says is the industry’s first tool… Continue reading TechnologyAurora releases tool to gauge safety of self-driving systems4:13 PM UTC
UPDATE 1-Great Wall enters Brazil with purchase of Daimler factory
By Reuters Staff 2 Min Read (Adds background on Great Wall) BEIJING/RIO DE JANEIRO, Aug 18 (Reuters) – Daimler AG has sold a factory in Brazil to China’s Great Wall Motor Co Ltd for an undisclosed sum, the companies said on Wednesday, marking the Chinese manufacturer’s arrival in Latin America’s largest economy. Baoding-based Great Wall,… Continue reading UPDATE 1-Great Wall enters Brazil with purchase of Daimler factory
Great Wall enters Brazil with purchase of Daimler factory
By Reuters Staff 2 Min Read BEIJING/RIO DE JANEIRO, Aug 18 (Reuters) – Daimler AG has sold a factory in Brazil to China’s Great Wall Motor Co Ltd for an undisclosed sum, the German carmaker said on Wednesday, marking the Chinese manufacturer’s arrival in Latin America’s largest economy. Daimler had said in December it would… Continue reading Great Wall enters Brazil with purchase of Daimler factory
TechnologyCrypto exchange Binance hires former US Treasury criminal investigator9:48 AM UTC
HONG KONG, Aug 18 (Reuters) – Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm. Governments and financial watchdogs are paying closer attention to… Continue reading TechnologyCrypto exchange Binance hires former US Treasury criminal investigator9:48 AM UTC
Autos & Transportation · 10:36 AM UTCU.S. senators urge FTC to probe Tesla over self-driving claimsTwo U.S. senators on Wednesday pressed the Federal …
A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang SAN FRANCISCO, Aug 18 (Reuters) – Two U.S. senators on Wednesday pressed the Federal Trade Commission to probe Tesla (TSLA.O), saying the company has misled consumers and endangered the public by marketing its… Continue reading Autos & Transportation · 10:36 AM UTCU.S. senators urge FTC to probe Tesla over self-driving claimsTwo U.S. senators on Wednesday pressed the Federal …
U.S. senators urge FTC to probe Tesla over self-driving claims
A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang SAN FRANCISCO, Aug 18 (Reuters) – Two U.S. senators on Wednesday pressed the Federal Trade Commission to probe Tesla (TSLA.O), saying the company has misled consumers and endangered the public by marketing its… Continue reading U.S. senators urge FTC to probe Tesla over self-driving claims
China’s Geely Automobile first-half profit climbs 4% on recovery in sales
By Reuters Staff 2 Min Read BEIJING (Reuters) -China’s Geely Automobile Holdings Ltd warned on Wednesday of a potential short-term performance hit due to a global chip shortage and a resurgence in COVID-19 cases, but kept its annual sales target, betting on new product launches. FILE PHOTO: The Geely Automobile Holdings logo is pictured at… Continue reading China’s Geely Automobile first-half profit climbs 4% on recovery in sales