Bloomberg The autonomous-vehicle gap between Ford Motor Co. and its rivals from Detroit and Silicon Valley can be measured in years. Yet even a company playing catch-up in the race to turn self-driving technology into high-margin businesses is drawing interest from outside investors, an indicator of just how much money is pouring in. “I’m really excited about what I’m hearing ...

DUBAI / Emirates Business Don’t miss your chance to be among the first in the UAE to own the super powerful Galaxy Note9, that is available for pre-order until August 24 from major retailers, operators and Samsung brand stores, as well as online on Shop.Samsung.com/ae. Customers who pre-order the device will be the first to experience the powerful S-Pen, the ...

Bloomberg New York’s city council dealt a political blow to Uber Technologies Inc. and other app-based car-for-hire companies by approving a one-year industry wide cap on new licenses and giving the city Taxi & Limousine Commission authority to set minimum pay standards for drivers. The passage of sweeping industry regulations signalled politicians’ changed attitudes towards the so-called gig economy and ...

Bloomberg Few corners of the tech industry are as tantalising or complex as quantum computing. For years evangelists have promised machines capable of breaking the most impenetrable coded messages, unlocking the secret properties of the physical world and putting supercomputers to shame. But Rigetti Computing, one of the most prominent and well-funded startups in the field, would just like to ...

Bloomberg Fears about global oil supplies have receded after producers pumped more, according to the International Energy Agency (IEA), which a month ago warned of a potential shortage. “Concerns about the stability of oil supply have cooled down somewhat, at least for now,” the agency, which advises most of the world’s major economies, said in a monthly report. “We have ...

Bloomberg After partnering for nearly three decades at Australia’s oldest liquefied natural gas export plant, Woodside Petroleum Ltd. and Chevron Corp. are competing to shape the next phase of the country’s gas development. Both are vying to build a pipeline from hundreds of kilometers offshore that will allow them to develop their own fields, as well as let third parties ...

Suppose a Chinese electric carmaker wants to win market share by selling cars with the best cutting-edge battery technology. How does it get that technology? It can hire some engineers, build a lab and try to develop it inhouse. It can partner with a university research lab to create it. Or alternatively, it can buy an American company that already ...

Calling the turn in industrial cycles isn’t easy. It looks like investors in the beaten-down machinery sector have decided to stop trying. Wade past the impact of the trade war and its potential collateral damage, and conditions are looking up. US bellwether Caterpillar Inc sounded an optimistic note in results, as did its typically cautious Japanese industrial machinery peers, which ...

Ten years on from the financial crisis, bank balance sheets haven’t become any simpler to digest for the average investor. Finance firms are big and leveraged; regulations have just become new instruments of complexity. That might suggest a potential windfall for any brainy number-cruncher who’s bored enough to spend a year looking for inconsistencies in the industry’s accounts. London hedge ...

Elon Musk fired a bazooka in his war against Tesla Inc.’s equity market short-sellers when he announced he’s considering taking the company private. His plan would also most likely wipe out investors who bet the money-losing automaker would eventually default on its bonds. The cost to insure against Tesla failing to make good on its debt fell to an all-time ...