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Waymo launches fully autonomous robotaxis in Miami, to expand to four more US cities

(Reuters) -Alphabet’s Waymo began operating fully autonomous vehicles in Miami on Tuesday, kicking off the expansion of its ride-hailing service to more U.S. cities as it races to cement its lead in self-driving technology. The company said it would roll out operations for its employees in Dallas, Houston, San Antonio and Orlando in the coming …

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London stocks sink in global rout on Fed rate cut, valuation jitters

(Reuters) -London stocks fell on Tuesday with financials extending losses, while global markets remained wary as fading hopes of a Federal Reserve interest rate cut left investors cautious ahead of key economic data. The blue-chip FTSE 100 closed 1.3% lower in a widespread sell-off, losing for the fourth consecutive session and marking its worst performance …

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Auto sector grapples with Nexperia disruption amid hopes for Dutch-China talks

By Ilona Wissenbach and Rachel More BERLIN (Reuters) -German automotive suppliers are still struggling with a global chip supply shortage triggered by a trade dispute over manufacturer Nexperia, with thousands of workers facing production disruptions at Bosch, the company said on Tuesday. China and the Netherlands have been locked in a battle for control of …

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IATA chief says EU doing ‘very little’ to address airlines’ competitiveness

By Julia Payne BRUSSELS (Reuters) -The European Union has taken “very little action” to address airlines’ competitiveness, International Air Transport Association Director General Willie Walsh said on Tuesday, in remarks criticising the bloc’s passenger compensation policy. European airlines have had numerous challenges in recent years from air traffic control strikes, especially in France, engine manufacturer …

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French court rejects case against Nestle’s Perrier mineral water

PARIS (Reuters) -A French court rejected on Tuesday a case against Nestle’s Perrier mineral water brought by a consumers group who demanded the sparking water be withdrawn from markets. The court said there was not enough evidence of an urgent health risk or a clear violation of the law to justify such a drastic measure. …

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Exxon to close Scottish chemicals plant in 2026 amid market uncertainty

(Reuters) -Exxon Mobil announced on Tuesday it would shut its Fife ethylene plant (FEP) in Scotland in February 2026, saying the site is no longer competitive because of high supply costs, weak market conditions and the UK’s economic and policy environment. European chemicals producers, the European Union’s fourth-biggest exporting sector after machinery, automotive and pharmaceuticals, …

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BAE Systems teams up with Boeing, Saab for UK’s Hawk training jet replacement

By Sarah Young and Tim Hepher LONDON/DUBAI (Reuters) -Britain’s biggest defence company BAE Systems is teaming up with Boeing and Saab to develop a replacement for the country’s Hawk aircraft, as the country looks for a new fleet of military training jets. Confirming a Reuters exclusive from July, BAE said on Tuesday the three companies …

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