Business

Safety group urges EU to reject Tesla FSD over speed offset

Tuesday, September 29 by SRN News

By Marie Mannes STOCKHOLM, Sept 29 (Reuters) - A prominent safety group on Tuesday urged European Union member states to reject approval of US automaker Tesla's Full Self-Driving (FSD) system, citing concerns that it may allow users to exceed speed limits. The European Transport Safety Council... Read More.

US auto regulator closes airbag defect petition in about 807,000 Honda Odyssey cars

Tuesday, September 29 by SRN News

Sept 29 (Reuters) - A US auto regulator said on Tuesday it had closed a defect petition covering 806,963 Honda Odyssey vehicles in the United States over allegations of inadvertent airbag deployments while the vehicles were in motion. The National Highway Traffic Safety Administration (NHTSA)... Read More.

Blackstone to launch investment platform for Nordics warehouses

Tuesday, September 29 by SRN News

LONDON, Sept 29 (Reuters) - Blackstone said on Tuesday it was launching a new logistics investment platform for the Nordics, giving investors a more direct route to put money into a high-growth sector. The platform will include over 200, mainly last-mile warehouses to support the... Read More.

Battered bond market braces for a new era of interest rates

Tuesday, September 29 by SRN News

By Dhara Ranasinghe, Sophie Kiderlin and Naomi Rovnick LONDON, Sept 29 (Reuters) - The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for... Read More.

Toyota August sales, production fall for second straight month

Tuesday, September 29 by SRN News

TOKYO, Sept 29 (Reuters) - Toyota Motor said on Tuesday its global vehicle sales and production fell for a second straight month in August, as declines in China, the US and the Middle East persisted after dragging down results in the prior month. • The... Read More.

Shares of fast-fashion platform Shein fall 6% after quarterly profit slides 67%

Monday, September 28 by SRN News

HONG KONG, Sept 29 (Reuters) - Shares of fast-fashion retailer Shein dropped more than 6% on Tuesday after it reported a 67% fall in quarterly profit, fuelling investor concerns over margin pressure and slowing growth. Jefferies analysts estimated that earnings landed more than 10%... Read More.

Dollar holds near two-month peak as yields rise, Fed data looms

Monday, September 28 by SRN News

(Corrects verb tense in headline) By Jiaxing Li HONG KONG, Sept 29 (Reuters) - The dollar hovered near a two-month high on Tuesday as volatile oil prices and a rapid climb in Treasury yields lent support, although gains were limited as traders awaited US data this... Read More.

Stocks wobble as bonds slump to monthly loss

Monday, September 28 by SRN News

By Tom Westbrook SINGAPORE, Sept 29 (Reuters) - Oil prices and bond yields were higher in an uncomfortable combination for Asian equities on Tuesday, as investors braced for an interest rate hike in Australia and an era where short term borrowing costs settle at their... Read More.

Exclusive-Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing

Monday, September 28 by SRN News

By Echo Wang and Aditya Soni Sept 28 (Reuters) - Anthropic plans to caution potential investors in its IPO that advanced AI could pose "catastrophic or existential risks to humanity," an extraordinary warning by a company seeking to profit from the same technology. The company's IPO... Read More.

Exclusive-Anthropic leaders to control AI lab via ‘Founder LLC’ to promote public good over market forces

Monday, September 28 by SRN News

By Echo Wang, Ross Kerber and Jeffrey Dastin Sept 28 (Reuters) - Anthropic has long positioned itself as the virtuous AI company. An early look at its IPO filing shows how it is creating a new "Founder LLC" vehicle aimed at serving the common good,... Read More.

Current Weather

US auto regulator closes airbag defect petition in about 807,000 Honda Odyssey cars

Blackstone to launch investment platform for Nordics warehouses

Battered bond market braces for a new era of interest rates

Toyota August sales, production fall for second straight month

Shares of fast-fashion platform Shein fall 6% after quarterly profit slides 67%

Dollar holds near two-month peak as yields rise, Fed data looms

Stocks wobble as bonds slump to monthly loss

Exclusive-Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing

Exclusive-Anthropic leaders to control AI lab via ‘Founder LLC’ to promote public good over market forces

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