Thursday , 18 December 2025

Recent Posts

Indian bank quits Antwerp diamond hub in blow for gem financing

Bloomberg Union Bank of India is pulling out of the global diamond hub of Antwerp, joining a retreat of lenders from the industry, which has been hit by fraud and bad debt. The bank has given notice that it will close its branch in the Belgian port city within a year, according to Chief Executive Officer Rajkiran Rai Gundyadka. Antwerp …

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Toyota doubles down on self-driving cars

Bloomberg Toyota Motor Corp. is investing $500 million more in Uber Technologies Inc., underscoring the Japanese automaker’s efforts to catch up on self-driving technology as General Motors Co. and Alphabet Inc.’s Waymo lead the race to upend the industry. As part of the accord announced recently, Toyota plans to manufacture Sienna minivans loaded with Uber’s software, with testing slated to …

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DJI’s Phantom drones may be blocked from US in trade spat

Bloomberg The world’s biggest maker of civilian drones could see its products shut out of the US market after a patent-infringement complaint was filed by smaller rival. SZ DJI Technology Co., a manufacturer of popular hobbyist and commercial drones including the Phantom and Mavic series, is being challenged by Autel Robotics Co. The dispute is over unmanned vehicles used for …

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