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Lyft has raised another $US1 billion in funding and gained a powerful ally in General Motors in the fight with Uber to gain a fleet of autonomous vehicles. GM also becomes Lyft‘s preferred vehicle provider, improving chances that drivers will be behind the wheel of a...

Central bankers of the 19-member eurozone are eager to fight falling prices because they can be poisonous for the economy, creating a vicious circle of falling demand and fewer jobs.

Volatility shook Chinese stock markets Tuesday, as the Shanghai index dropped more than three percent on concerns over slowing growth before erasing most of the losses, a day after authorities halted trading to arrest falling prices.

In a news conference, Hong Kong’s chief executive, Leung Chun-ying, said that only local authorities could enforce the law under “One Country, Two Systems” framework. He added there was “no indication” so far that Lee may have been kidnapped by...

Iranian protesters hold portraits of prominent Shiite Muslim cleric Nimr al-Nimr as they confront riot police during a demonstration against his execution by Saudi authorities outside the Saudi embassy.

The Grammy-winning singer, who had longstanding health issues including complications from a kidney transplant, died on New Year’s Eve at a Los Angeles hospital.

The latest drop appears largely due to the same concerns: a slowdown in the world’s second-largest economy, greater investor caution after markets hit dizzying heights past year, and Beijing’s attempts to unwind controls on trading.

Mehdi Assali, the director of affairs Organization of Petroleum Exporting Country affairs at the Iranian Oil Ministry, said that, with production costs of around $10 per barrel, Iran stands in a unique position. While U.S. output is down from an April peak, production has fallen...

An unexpected lift in the last three months boosted economic expansion for the year to 2.1 per cent – better than forecasters’ expectations, but still the slowest since 2009.

To celebrate the new year, General Motors has just invested 0 million in Lyft, and the two firms are planning to create an “integrated network of on-demand autonomous vehicles in the U.S”. Today Lyft announced that it is closing on an impressive $1 billion in its...

The “long-term strategic alliance” will include the development of autonomous vehicles. At the same time, Lyft drivers and customers will have access to GM’s OnStar in-vehicle services.

The demonstrators chanted slogans praising their leader Moqtada al-Sadr and condemning the execution by the Riyadh authorities of Saudi Shiite cleric Nimr al-Nimr.

Internally, the SSD T3 features the same controllers with SSD TurboWrite technology and Vertical NAND flash used in each of Samsung’s 2.5-inch SATA solid state drives.

The People s Bank of China (PBoC) says it is seeking to make the unit more market-oriented, and has succeeded in a long campaign to have the International Monetary Fund include the yuan in its Special Drawing Rights basket. It was the lowest level since September, 2011.

For GM, the investment could provide some protection amid signs that vehicle ownership could decline with the growing use of ride-hailing services and, eventually, the arrival of self-driving cars.