US initial jobless claims drop 2K last week

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Source: Dukascopy Bank SA
The number of applications for US unemployment benefits dropped to 214K in the week ending October 27, from the preceding upwardly revised 216K reading.
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Thu, 01 Nov 2018 13:28:05 GMT

Volvo Cars, Baidu team up over robotaxi development

Volvo Cars and Baidu, China's search engine operator, signed a cooperation deal to develop an autonomous taxi for China, Volvo Cars announced on Thursday, seeking to enter the Asian robotaxi market.

Thu, 01 Nov 2018 11:50:13 GMT

KDDI ties up with Japan's Rakuten over mobile services business

On Thursday, Japan's Rakuten announced a tie-up with the telecom firm KDDI, seeking to boost its presence in the telecom services business, challenging its bigger competitors SoftBank Group and NTT Docomo.

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