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Canada, a leader in AI, now takes aim at driverless cars

Bloomberg Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars—specifically the lidar (laser radar) technology that lets these vehicles see where they’re going. The nation’s main contender is LeddarTech Inc. The Quebec City-based company makes solid-state technology it says is better and cheaper than earlier versions of lidar and sells it ...

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Credit Suisse activist seeks $1bn to back breakup plan

Bloomberg Rudolf Bohli, the activist hedge-fund manager pushing for a breakup of Credit Suisse Group AG, said he’s in talks with more than 150 potential investors with the goal of raising 1 billion francs ($1.02 billion) for his campaign. Bohli, whose firm RBR Capital Advisors AG currently manages about 250 million francs, said most of the potential backers he pitched ...

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Postbank investors may get windfall after Deutsche bank loss

Bloomberg Deutsche Bank AG was ordered to pay 14 Postbank shareholders a total of 48 million euros ($57 million) in a ruling that could lead to billions more in compensation for investors who argue the lender short-changed them in a 2010 takeover. The court in Cologne, Germany, backed the argument of shareholders who accepted the original offer, but dismissed suits ...

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