Asian shares moved lower on Thursday as investors fretted about new setbacks in U.S.-China trade talks, but negative sentiment was tempered by U.S. Federal Reserve meeting minutes suggesting it would not raise the tempo at which it increases interest rates.
Uber today announced it was shutting down its self-driving car test program in Arizona, this a mere two months after the company began investigating a fatal incident involving an autonomous vehicle and a pedestrian. What it means: For the 200 or so Uber employees working on the Tempe-based project it means a pink slip. According to a report from AZCentral, the local site that broke the news, the company sent notification early Wednesday morning letting workers know they’d be out of work within a few weeks. A little deeper: Uber isn’t killing its self-driving program. It’s set to continue testing… This story continues at The Next WebOr just read more coverage about: Uber
KUALA LUMPUR (May 23): Malaysia's inflation, as measured by the consumer price index (CPI), increased 1.4% in April 2018 from a year earlier, on costlier food and non-alcoholic beverages, besides higher expenses at restaurants and hotels.
Statistics Department chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today that major CPI groups which recorded increases included the health and education segments.