Amid continued pressure on the Federal Reserve regarding interest rates, Capital Economics said Wednesday provided a glimpse of how markets might react if Fed chair Jerome Powell were ousted.

China’s largest rental car platform, CAR Inc., is adding some of Baidu’s robotaxis to its fleets, allowing customers to rent ...

US ride-hailing company Uber on Thursday said that it is planning to deploy at least 20,000 robotaxis over the next six years.The company said the fleet would be made up of SUVs by US electric ...

Stocks rose Thursday as investors responded to a flurry of quarterly earnings reports from major companies and better-than-expected retail sales data.

Governments that want to compete with China or the US cannot continue on their existing path. They need to do something ...

Governments around the world are hustling. European policymakers, for example, are eager to boost the region's industrial relevance in a world where ...

The robotaxi service is expected to launch in late 2026 in an unnamed "major US city," and Uber said that a prototype of an ...

The deal aims to increase the availability of affordable and reliable rides by integrating Baidu’s fully driverless cars into ...

As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas ...

Internet giant Baidu plans to launch its driverless cars on ride-hailing app Uber in Asia and the Middle East this year, the two companies said.

BMW has teamed up with the Chinese company Momenta, a specialist in AI-supported autonomous driving technologies, in order to ...

Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides ...