The Oxford artificial intelligence company Latent Logic has been acquired for an undisclosed amount by Google’s self-driving car division Waymo. This also marked the entry of Waymo for the first time in et United Kingdom. A specialist in “imitation learning”,… Read More ›
Creativity
High stakes meeting at White House on China tariffs today
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
G5 Sahelian meeting postponed to early 2020
On Thursday, in a statement, the French presidency said, President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on a proposal which calls for postponing a meeting of Sahelian country leaders which was scheduled to take place in France this… Read More ›
Progress At UN Climate Change Talks Being Blocked By Major Emitters: BBC
Attempts are being made to block progress at the COP25 meeting in Madrid which has angered delegates from developing countries set to participate in the meeting, claimed a report by the BBC. The blocking actions of some large emitters was… Read More ›
Trump will have final say on tariffs and U.S.-China trade deal: Peter Navarro
U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
Chevron to writedown value of assets by $10-$11 billion during fourth quarter
In a significant development, Chevron Corp stated, it will be writing down the value of its assets by $10 billion to $11 billion this quarter; the U.S. oil major is also considering selling some of its natural gas projects as… Read More ›
HSBC Holdings Plc’s Swiss unit to pay $192 million in U.S. tax dodging case: DoJ
In a statement the U.S. Department of Justice stated, the Swiss private banking unit of HSBC Holdings Plc will be paying $192.4 million to resolve a U.S. probe of its role in helping wealthy Americans evade taxes by using undeclared… Read More ›
Diesel emission scandal ensnares Volkswagen in Canada
A Canadian government agency has charged German automaker Volkswagen AG of importing around 128,000 vehicles into the country in contravention to the country’s environmental laws. Volkswagen has been charged with violating 60 counts of the Canadian Environmental Protection Act by… Read More ›
JPMorgan Chase & Co’s asset and wealth-management arm to raise $1 billion towards a mezzanine fund
According to a report from Bloomberg citing sources familiar with the matter at hand, JPMorgan Chase & Co’s asset- and wealth-management arm is raising monies for a mezzanine fund. The report states, JPMorgan Chase & Co’s asset- and wealth-management arm… Read More ›
U.S. shoemaker Skechers USA Inc’s future earning estimates offer huge growth potential
As per a report from Barron, a financial newspaper, shoemaker Skechers USA Inc is likely to report an earnings growth on par with Nike Inc over the next three years. According to analysts’ estimate, Skechers’ earnings-per-share is likely to rise… Read More ›