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By Victoria Waldersee MUNICH (Reuters) -Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show. The premium carmaker has long said it is targeting all-electric sales by 2030 “where markets allow”, saying customers …

Mercedes-Benz: Europe likely won’t be ready for all-electric sales by 2030 Read More »

By Amanda Cooper LONDON (Reuters) – The pound rose on Monday, but remained in sight of August’s two-month lows, as traders continued to weigh up the outlook for sterling, which analysts think could be at risk for more weakness over the course of this month. Data on Friday showed the U.S. economy generated more jobs …

Sterling edges up, investor bullishness shows signs of fatigue Read More »

(Reuters) -Binance’s global head of product, Mayur Kamat, has resigned amid a string of executive exits and job cuts at the cryptocurrency exchange, a spokesperson for the company told Reuters on Monday. Kamat’s exit follows a recent executive exodus from Binance that includes Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng. The cryptocurrency …

Binance global head of product Mayur Kamat resigns Read More »

FRANKFURT (Reuters) – Investor morale in the euro zone fell more than expected at the start of September as Germany’s economic weakness remained a major drag on the region, a survey showed on Monday. Sentix’s index for the euro zone declined to -21.5 points in September from -18.9 in August, weaker than the -20.0 estimate …

Euro zone investor mood darkens in Sept -survey Read More »

MOSCOW (Reuters) – A Russian court on Monday fined Match Group, which operates Tinder, 10 million roubles ($104,000) and streaming service Twitch 13 million roubles ($135,000) for repeated failure to localise data in accordance with Russian law. ($1 = 96.4950 roubles) (Reporting by Reuters; writing by Felix Light)

MUNICH (Reuters) – Continental will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on nearby sights or information on the vehicle while driving. The two companies will use artificial intelligence to create a dialogue system in Continental’s high-performance …

Continental integrates Google Cloud into vehicle cockpit Read More »

MUNICH (Reuters) – Volkswagen, Europe’s largest carmaker, is making progress with the rollout of its network of electric vehicle fast chargers, the group’s board member in charge of technology said on Monday. Thomas Schmall told journalists at the IAA car show in Munich that half of the 40,000 fast chargers Volkswagen plans to install until …

Volkswagen has set up half of EV fast chargers planned until 2025 Read More »