General Motors Places $500 Million Bet on Lyft
As part of that effort, General Motors is investing $500 million in the Uber competitor, Lyft announced Monday morning.
GM invests in Lyft to work on driverless ride
The GM investment is part of a total of $1 billion in the latest round of investments in Lyft, including $100 million from a group of Saudi Arabian investors. General Motors is teaming up with ride hailing service provider Lyft to create an integrated network of on-demand autonomous vehicles in
WW3 FEARS: Iran fires rockets near U.S. warships as tensions grow
The U.S. Navy has released video footage showing what it has described as a “provocative” rocket launch by Iran near warships and commercial traffic in the strategic Strait of Hormuz.
India says Chinese currency depreciation “worrying” for exports
Later, briefing newspersons, the commerce minister said the suggestions from the state governments included strengthening of infrastructure, extending benefits to exporters and restoring the facility of ASIDE. China’s central bank has devalued its currency by 0.51 per cent to 6.5646 per cent against the dollar, the lowest since March 2011.
Aramco raises its crude price to Asia
Notwithstanding the Cushing build, analysts polled by Reuters forecast that crude stocks across the United States probably fell last week by 500,000 barrels.
China: Securities regulator plans to ‘manage’ pace of IPOs to help ease
After trading in China was halted automatically the second time this week, officials said Thursday that they’re suspending the “circuit breaker” that shuts down the market if a key index falls by 7 percent.
Markets in chaos amid widespread China fears
Baxalta International was up 3.8 percent at $42 after reports that peer drugmaker Shire Pharmaceuticals is preparing to announce its roughly $32.5 billion acquisition of Baxalta as early as Monday.
Nate Silver: Donald Trump More Likely Nominee Than Bernie Sanders
Lest anyone think Warren was tipping her hand in the primary-where she hasn’t endorsed a candidate-she added she was glad that “ALL” the party’s candidates, including Hillary Clinton and Martin O’Malley, “are fighting for Wall St reform”.
Blac Youngsta Stopped By Police After Withdrawing $200000 From His Account
Youngsta said the large withdrawal was taken out to be used to purchase a new auto, and that he would be taking his business away from Wells Fargo.
China’s FX reserves down 107.9 bln United States dollars from November
While a weaker yuan would make Chinese exports cheaper overseas, and foreign products more expensive in China, it would be unlikely to go down well among the country’s trading partners.