Reuters Agency reported relating to informed sources BMW and Chinese Tencent internet company collaboration for release of the unmanned vehicle computing center in China. The new center which will have started working by the end of the year will process the cars data first for their semi-autonomous and then autonomous self-management. The German producer notices importance of such center on the world’s biggest car market where BMW is planning to develop its innovations in the autonomous driving field tailored to the specific driving conditions in China. Due to a computing center created together with Tencent the German company can use its cloud computing and Big Data of the Chinese company for autonomous cars processing.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
Oil prices rose on Friday as the dollar dropped to a near two-year low, but demand worries amid rising coronavirus cases and the worsening U.S.-China tensions capped gains. Brent crude gained 0.4%, or 15 cents, at $43.46 per barrel. U.S. West ...