
By EDUARDO PORTER from NYT Business Day http://ift.tt/2DxhxfH
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U.S. plans to rewrite rules that impede self-driving carsThe Trump administration is moving ahead with plans to revise safety rules that bar fully self-driving cars from the roads without equipment such as steering wheels, pedals and mirrors, according to a document made public on … Read More
Samsung flags third-quarter profit jump to record, but chip price falls cast shadowSamsung Electronics Co Ltd estimated third-quarter operating profit jumped by a fifth to a record high, with its semiconductor unit bolstered by robust demand from data centers and gains in production yields.
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Oil rises ahead of U.S. Iran sanctions, but outlook for 2019 less certainOil prices rose on Friday as traders anticipated a tighter market due to U.S. sanctions against Iran's crude exports, which are set to start next month.
from Reuters: Business News https://ift.tt/2BZuw83
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Strong U.S. job growth expected in September; wages seen risingThe U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably falling to an 18-year low of 3.8 percent, signaling a further tightening in labor market conditions.
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Oil markets could witness modest surplus into early 2019: Goldman SachsGlobal oil markets could witness a modest surplus into early 2019 as new spare capacity comes online, despite strong demand and uncertainty on the size of supply losses from Iran due to U.S. sanctions set to start next month,… Read More
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