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Nvidia explores $500 million investment in UK self-driving startup Wayve
Reuters· 2025-09-19 08:51
Core Insights - Nvidia, a U.S. chip designer, has signed a letter of intent for a potential $500 million investment in the upcoming funding round for Wayve, a British autonomous driving technology company [1] Company Summary - Nvidia is actively seeking to expand its investment in the autonomous driving sector through a significant financial commitment [1] - Wayve is positioned as a key player in the autonomous driving technology space, indicating its potential for growth and innovation [1]
Ford recalls over 100,000 vehicles over risk of door trim detachment, NHTSA says
Reuters· 2025-09-19 07:22
Core Point - Ford Motor is recalling over 100,000 Taurus vehicles in the United States due to a defect that may cause door trim to detach while driving [1] Group 1 - The recall affects more than 100,000 Taurus vehicles [1] - The defect poses a safety risk as it could lead to door trim detaching during operation [1] - The recall is being conducted in compliance with regulations set by the National Highway Traffic Safety Administration [1]
GE Healthcare exploring sale of China unit, source says
Reuters· 2025-09-19 06:20
Core Viewpoint - GE Healthcare is exploring options for its China unit, including a potential outright sale, as confirmed by a source familiar with the discussions [1] Company Summary - GE Healthcare is a U.S. medical device maker currently assessing strategic options for its operations in China [1]
China expected to leave benchmark lending rates unchanged despite Fed easing
Reuters· 2025-09-19 06:17
China is expected to leave benchmark lending rates unchanged for the fourth month in a row next Monday, a Reuters survey showed, after the central bank kept a key policy rate steady following the U.S. Federal Reserve's rate cut. ...
UK retail sales rise by 0.5% in August, ONS says
Reuters· 2025-09-19 06:03
Group 1 - British retail sales increased by 0.5% in August compared to July, indicating a positive trend in consumer spending [1]
Apple's iPhone 17 launch draws hundreds in long queue at its Beijing store
Reuters· 2025-09-19 05:11
Core Viewpoint - The launch of the iPhone 17 in Beijing has seen significant consumer interest, indicating a strong start for sales in the world's second-largest smartphone market [1] Group 1: Sales Performance - Hundreds of people queued at Apple's flagship store in Beijing on the launch day of the iPhone 17, suggesting robust initial demand for the new model [1]
China's Xiaomi to fix software issue for SU7 EVs over assisted driving safety hazard
Reuters· 2025-09-19 02:11
Group 1 - The core issue involves Xiaomi's recall of 116,887 SU7 sedans due to software problems related to highway pilot assisted driving [1] - The recall is prompted by insufficient early warnings when the assisted driving feature is activated, as stated by the market regulator [1]
E-commerce firm Pattern, shareholders raise $300 million in US IPO
Reuters· 2025-09-19 01:39
Pattern and its existing shareholders raised $300 million in its U.S. initial public offering on Thursday, after the e-commerce firm priced its shares within the marketed range. ...
Oil little changed as demand concerns overshadow US rate cut buoyancy
Reuters· 2025-09-19 01:25
Core Viewpoint - Oil prices remained stable on Friday after a decline in the previous session, influenced by the U.S. Federal Reserve's first interest rate cut of the year amid concerns over fuel demand in the United States [1] Group 1 - Oil prices showed little change following a decrease in the prior session [1] - The U.S. Federal Reserve implemented its first interest rate cut of the year [1] - Concerns regarding fuel demand in the United States are impacting oil prices [1]
Brazilian minister intervenes in JBS slave labor investigation
Reuters· 2025-09-18 23:26
Brazilian Labor Minister Luiz Marinho is carrying out an unusual final review of an investigation that could blacklist a poultry unit of meatpacker JBS SA for subjecting workers to "slavery-like condi... ...