Samsung secures self-driving car permit in California

Samsung Electronics Co Ltd said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world’s largest smart phone maker four months after iPhone maker and arch rival Apple Inc received a permit. Its parent...

Harvey residential insured and uninsured flood loss $25-$37 billion: Corelogic

(Reuters) – Analytics firm Corelogic (CLGX.N) estimates total residential insured and uninsured flood loss from Hurricane Harvey of between $25 billion and $37 billion, it said on Friday. Of that, around $6.5-$9.5 billion is estimated to be insured flood loss...

China’s artificial intelligence technology is fast catching up to the US, Goldman Sachs says

In the report, titled “China’s Rise in Artificial Intelligence,” the investment bank said the world’s second-largest economy has emerged as a major global contender in using AI to drive economic progress. Goldman said the government and...

European markets open slightly higher as investors await key data

Sentiment appears to have been boosted somewhat, following a positive close on Wall Street on Thursday, and a upbeat session from Asia. In Asia, markets were boosted on the back of the release of the Caixin China manufacturing data for August, which beat market...