(Reuters) -Tesla has hired former Cruise executive, Henry Kuang, as the automaker's AI director, according to a report by news website Electrek on Thursday, as the company looks to expand robotaxi operations in the United States. Kuang was the head of autonomy at General Motors' self-driving unit, Cruise, till last year, according to his LinkedIn profile. His appointment comes at...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

11:43 AM EDT, 06/27/2025 (MT Newswires) -- (Updates shares.) Champion Iron ( CIAFF ) late on Wednesday said its subsidiary Champion Iron Canada priced an offering of US$500 million of senior notes due 2032 at the issue price of 100%, from the previously announced US$450 million. Interest on the notes will accrue from July 2 at a rate of 7.875%...

BERLIN/BEIJING (Reuters) -The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow, though automakers and suppliers say production plans still face uncertainties and a continued risk of shortages. European suppliers have received enough licences to avoid the widespread disruptions predicted earlier this month but hundreds of permits remain pending, said...