Google Inc revealed on Monday that its self-driving cars have been in 11 minor traffic accidents since it began experimenting with the technology six years ago.
Greece narrowly averted a default on Tuesday that could have seen it crashing out of the euro, but warned it faced another cash crunch within two weeks without a bailout deal with its EU financiers.
Volvo Cars will build a $500 million plant - its first in the United States - in South Carolina and eventually employ up to 4,000 people there, the company announced on Monday.
Dubai is set to play an important role as the trade, transportation and financial hub for China in the Middle East and Africa as well as be a key partner for the "Belt and Road Initiative".
A Dubai-based developer is showing its confidence in trade and business ties between China and the United Arab Emirates by approximately tripling the size of a commercial hub in the Emirate.
It was only last year that GlaxoSmithKline Plc was fined the equivalent of $500 million in China for bribing officials to push its medicine sales.
With air traffic in China growing fast, the airspace is getting crowded and flights are facing many delays. It is a recurring inconvenience for passengers, airlines and the aviation authorities.
We live in an abnormal world of falling consumer prices. The phenomenon is so rare that the United States, for instance, saw year-on-year price declines only in one month (this January) in the past 50 years, if we leave out the depths of the financial crisis in 2009. Indeed, deflation fears have been increasing globally since last year, notably in Europe and Japan, and increasingly in China.
Successful management consulting firms generally operate under a partnership structure. Recently, partnership as an organizational arrangement has also become popular in China, as some corporations claimed to have adopted it and some others are considering it..
Australian Prime Minister Tony Abbott's first budget aimed to tackle a "debt and deficit disaster". His economic blueprint released on Tuesday will be as much about political survival as repairing Australia's finances.
German stocks, rejected by investors in April, are luring them back in May.
Local investors are exiting Indian debt funds at the fastest pace since September, a sign of more losses ahead for bonds that are the worst performers among the largest emerging markets this quarter.
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Raymond Zhou
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