Bloomberg Samsung Electronics Co. is upping its $8 billion bet on automotive technology, forming a separate business unit within Harman to house autonomous driving products and plowing $300 million into a new fund investing in startups in the space. The autonomous driving unit will compete on everything from driving algorithms to systems integration, Dinesh Paliwal, Harman’s chief executive officer, said ...

Bloomberg The small, popular drones flooding the commercial market are unlikely to cause severe head injuries if they fall out of the sky and strike people, a new study has concluded. The results are similar to findings earlier this year by researchers associated with the Federal Aviation Administration and offer more justification for opening the door to unmanned operations over ...

Bloomberg India’s foreign-exchange reserves rose past $400 billion for the first time ever, strengthening policy makers’ buffers ahead of an expected reduction in US stimulus. The stockpile stood at $400.7 billion on September 8, the Reserve Bank of India (RBI) said in a release. With the Federal Reserve set to shrink its balance sheet—details of which could be announced next ...