Waymo is considering to deploy the self-driving technology in the industry of trucking, its CEO John Krafcik announced on Thursday, as the company seeks to take a commercial opportunity provided by a shortage of the human drivers.
On Wednesday, General Electric Co stated it was planning to cut the ownership in the gas and oil company Baker Hughes from 50.4% to 38.4%, seeking to raise $2.7B in the process.
Active Ownership Capital, the activist investor, is opposing Sunrise Communications' planned takeover of the Liberty Global-owned Swiss cable operator UPC worth $6.36B, according to Reuters.
Anheuser-Busch InBev, the largest brewer in the world, is planning to revive the postponed IPO of the Asia Pacific unit in Hong Kong with $5B float as soon as next week, sources with knowledge of the situation reported.
Toyota Motor Corp is testing its solar-powered Prius model, in a project backed by the Japanese government, hoping it would not require plugging in one day. The sun-powered model is equipped with the Sharp Inc-made solar panels fitted to the car's hood, roof, rear window.
On Thursday, Yahoo Japan Corp has made an offer to acquire the controlling stake in Zozo Inc, the online fashion retailer, for $3.70B, seeking to better compete against such rivals as Amazon.com and Rakuten Inc.
General Motors announced that it was recalling 3.46M US SUVs and pickup trucks to address an issue with vacuum pump, which could make braking difficult.
Peloton Interactive, the fitness start-up known for workout programs on exercise bikes, was planning to raise nearly $1.33B in an initial public offering.
HSBC was planning to quit its France's retail banking business under Noel Quinnm the interim chief executive, the WSJ reported, citing sources familiar with the matter.
On Wednesday, Carrefour denied it was exploring a bid for its French retail rival Casino, following BFM TV's report earlier that day stating that France's retailer was examining a potential all-share offer for the debt-laden company.
On Wednesday, the UAE State Minister and the CEO of ADNOC Group, Sultan Ahmed Al Jaber, conducted a meeting with Alexander Novak, the Russian Energy Minister, to discuss a strategic partnership, according to the Emirati group's statement.
Continental, the German automotive supplier, and France's Michelin are eager to form the tyre-making joint venture, with France's farming software company SMAG as a partner and the venture based in Singapore.
The US-Israeli data science company Explorium announced on Wednesday it had raised $19M in private funding, seeking to expand its platform.
Britain promised to decide as soon as possible whether to allow the Chinese tech giant Huawei Technologies' equipment use in the country's 5G networks, but added that China must follow the rules in case it gains access to the Western market.
Apple's new lower-priced iPhone 11 model disappointed Asian market, as it lacks 5G technology, despite having a faster processor than its predecessors, according to a Cape Investment & Securities analysts.
German pilots have reached their first-ever wage agreement with the Irish budget carrier Ryanair, as the company is in tough discussions with unions across Europe, the VC union stated on Wednesday.
The Facebook-owned Libra cryptocurrency project will seek for the Swiss payment system licence, as the wide range of planned services would need broad oversight, the financial regulator FINMA stated on Wednesday.
Apple launched new triple-camera iPhone models and its own streaming TV service at the price of $5 per month during the tech giant's presentation conducted on Tuesday, undercutting its rivals Netflix and Disney.
On Wednesday, Cathay Pacific Airways announced it would trim its capacity for the forthcoming winter season amid 11.3% drop in its August passenger numbers followed by Hong Kong's anti-government protests that hit demand.
On Wednesday, Hong Kong Exchanges proposed a $39 billion takeover of the London Stock Exchange. Subsequently the LSE stock price had surged by 6.25% by 09:30 GMT.
A Mirae Asset Global Investments-led consortium is set to acquire 15 hotels located in the United States from Anbang Insurance Group, China's troubled insurer, it stated on Wednesday.
JD.com, China's second-biggest e-commerce company, has named Jason Hu, the ex-managing director of the Chinese PE group CDH Investments, as its new strategic investment head to oversee domestic and international deals.
The French retailer Carrefour is exploring a potential bid for its struggling French rival Casino in a possible all-share deal that could be valued at up to €4.2B, according to a BFM TV report seen on Wednesday.
The SoftBank-backed ride-hailing Grab is considering to sign merger deals with Indonesia's digital payments firm OVO and Ant Financial-backed DANA, as it seeks to build heft and power with the help of these firms and overtake Gojek.