Reuters US Business

By Akash Sriram (Reuters) -Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. Helm.ai is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series …

Honda-backed Helm.ai unveils vision system for self-driving cars Read More »

SHANGHAI (Reuters) -China is widely expected to keep its benchmark lending rates unchanged at a monthly fixing on Friday, a Reuters survey showed, after Beijing rolled out sweeping monetary easing measures a month earlier to aid the economy. A framework agreement covering tariff rates between Washington and Beijing has raised optimism the world’s two largest …

China likely to keep lending rates steady after May cut, trade truce Read More »

(Reuters) -Ford Motor is recalling 197,432 vehicles in the U.S. due to a risk of back seat occupants getting trapped due to inability of entering or exiting the vehicle in case of an emergency, the U.S. National Highway Traffic Safety Administration said on Thursday. The company is recalling certain 2021-2025 Mustang Mach E vehicles, NHTSA …

Ford to recall over 197,000 US vehicles over risk of back seat occupants being trapped, NHTSA says Read More »

BEIJING (Reuters) -China’s commerce ministry said on Thursday that “a certain number” of rare earth export licence applications had been approved, but declined to give further details such as the exact amount and how many had been extended to U.S. firms. “China will continue to strengthen the approval process for compliant applications, and is willing …

China has granted rare earth export licences to some firms, commerce ministry says Read More »

By Chris Kirkham (Reuters) -A group of Democratic Texas lawmakers has asked Tesla to delay its much-anticipated robotaxi launch in Austin until September, when a new autonomous-driving law is scheduled to take effect. The group of Austin-area lawmakers said in the letter sent on Wednesday that delaying the launch, which CEO Elon Musk said could …

Tesla asked to delay robotaxi launch by Democratic Texas lawmakers Read More »

By Lisa Barrington SEOUL (Reuters) -Southeast Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia. Low-cost carriers have proliferated in Asia in the past two decades as disposable incomes rise, supported by robust travel …

Analysis-Southeast Asia’s budget airlines bet on travel demand, despite competition woes Read More »