
Waymo Expands California Robotaxi Approval Amid Tesla Competition
May 20, 2025 01:25 am UTC| Business
Alphabets autonomous driving division Waymo has secured regulatory approval to broaden its robotaxi service across more regions of California, including the San Francisco Peninsula and San Jose. The California Public...

Nippon Steel Ups U.S. Investment to $14B in Final Push for U.S. Steel Deal
May 20, 2025 01:23 am UTC| Business
Nippon Steel is pledging a massive $14 billion investment into U.S. Steels operations, including up to $4 billion for a new steel mill, in a last-ditch effort to gain Trump administration approval for its $14.9 billion...

GM Halts U.S. Vehicle Exports to China Amid Trade Tensions
May 20, 2025 01:21 am UTC| Business
General Motors (NYSE:GM) has announced it will stop exporting vehicles from the U.S. to China, citing shifting economic conditions and ongoing trade disputes between the two countries. The decision, communicated to...

Pfizer Signs $6B Cancer Drug Deal with China’s 3SBio
May 20, 2025 01:16 am UTC| Business Health
Pfizer has entered into a licensing agreement worth up to $6 billion with Chinese biopharmaceutical firm 3SBio Inc, aiming to advance a promising cancer treatment currently in clinical trials. The collaboration underscores...

U.S.-China Chip Dispute Threatens Fresh Trade Truce
May 20, 2025 01:14 am UTC| Politics Technology Business
Tensions between the U.S. and China have resurfaced just days after a temporary trade truce, following a new warning from the U.S. targeting Chinese tech giant Huawei. On Monday, Chinas Ministry of Commerce criticized a...

Toyota Eyes Major Buyout of Toyota Industries Amid Group Restructuring Plans
May 19, 2025 13:27 pm UTC| Business
Toyota Industries Corp is reportedly preparing to accept a tender offer from Toyota Motor Corp (NYSE: TM), along with the automakers Chairman Akio Toyoda and related parties, according to a Kyodo News report. The...

Nvidia Plans New AI Chips for China Amid U.S. Export Restrictions
May 19, 2025 05:58 am UTC| Technology Business
Nvidia (NASDAQ:NVDA) is preparing to launch a new AI chip for China in the coming months that complies with U.S. export controls, according to Nikkei Asia. The upcoming chip will be a downgraded version from its previous...