Sunday , 8 February 2026

Recent Posts

Javelin-ferrying autonomous bots to roam at Tokyo Olympics

Bloomberg When athletes and organisers descend on Tokyo for the 2020 Olympic Games, they’ll be ferried around in autonomous cars, while torch relay runners will be accompanied by AI-equipped cars. Robots will ferry javelins and hammers. All told, Toyota Motor Corp will provide 3,700 vehicles, including dozens of self-driving cars, about 500 fuel-cell vehicles and 850 battery-electric cars to the …

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Carney urges Libra-like reserve currency to end dollar dominance

Bloomberg Mark Carney laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one. Just a few months before he steps down as Bank of England governor, Carney offered his vision for the international economy at a time of sweeping change. Trade wars …

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Commerzbank considers cutting 2,000 jobs more

Bloomberg Commerzbank AG is considering cutting an additional 2,000 jobs as part of its strategy update this fall, as Chief Executive Officer Martin Zielke contends with a weaker economy and the prospect of even lower interest rates. The bank would seek to achieve those cuts by 2022 or 2023, according to people with knowledge of the matter. Various other scenarios …

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