SoftBank joins GM in self-driving car race; GM shares soar(Reuters) - Japan's SoftBank Group Corp will invest $2.25 billion in General Motors Co's autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker's leadership in se…Read More
Australian banking in shock as ANZ faces criminal chargesSYDNEY (Reuters) - Australian banking was in shock on Friday as No. 3 lender Australia and New Zealand Banking Group faced criminal cartel charges over a US$2.3bn share issue, along with underwriters Deutsche Bank and Citigro…Read More
Fiat Chrysler boss to tackle Europe, bet on Jeep in his last lapBALOCCO, Italy (Reuters) - Fiat Chrysler boss Sergio Marchionne is expected to show on Friday how the carmaker plans to fix lagging margins in Europe, grow Jeep into a global giant and catch up in electric and self-driving ca…Read More
U.S. job growth seen picking up, wage growth likely moderateWASHINGTON (Reuters) - U.S. job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage gains are expected to have remained marginal, pointing to moderate inflation pressures in the e…Read More
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