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Big platforms chart gradual path to self-driving at Web Summit
Major Western ride-hailing platforms like Uber and Lyft sketched a gradual path towards introducing self-driving cars at this week's Web Summit in Lisbon, with infrastructure, developing regulation and passengers' preference for human contact weighing on the brakes.
Ukraine ministers resign over major corruption scandals
Ukraine's energy and justice ministers resigned on Wednesday over their alleged involvement in a sweeping corruption scandal in the country's energy sector. Zelensky earlier called for the resignation of his Justice Minister German Galushchenko, who investigators alleged received "personal benefits" in the scheme, as well as Energy Minister Svitlana Grynchuk.
Back on track: Belgian-Dutch firm rescues Berlin to Paris sleeper train
Railway fans devastated by the scrapping of a much-heralded Berlin to Paris night train can breathe again after a Belgian-Dutch cooperative stepped in Wednesday to keep the service going. But Belgian-Dutch European Sleeper, a cooperative, said it would launch a train three times weekly between the French and German capitals from March 26, 2026.
German experts slam spending plans, cut GDP forecast
Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling economy, experts warned Wednesday, as they cut their 2026 growth forecast. There had been hopes the extra spending could provide a big boost to the economy, but the economic advisers warned this was unlikely in view of current plans.
Bayer narrows loss, upbeat on weedkiller legal woes
Germany's Bayer said Wednesday it was confident of "significantly" containing long-running legal woes related to a weedkiller by the end of next year, as it reported a narrower quarterly loss. Bayer has been hit with a flood of legal cases in the United States related to claims that the glyphosate-based Roundup weedkiller causes blood cancer.
Five things to know about the first G20 held in Africa
Leaders of the world's largest economies meet in Johannesburg on November 22 and 23 for the G20 summit, being held for the first time in Africa. - Johannesburg in the spotlight - The G20 leaders' meeting will be hosted at the Nasrec Expo Centre, South Africa's largest purpose-built conference venue.
World wine output set for modest 2025 recovery: industry body
Global wine production is on course for a modest recovery in 2025 after suffering a sharp downturn last year, the industry's international body said Wednesday.
Renewables outpace fossil fuels despite US policy shift: IEA
Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking "around 2030", the International Energy Agency said Wednesday. In the IEA's Stated Policies Scenario (STEPS), oil demand would peak "around 2030" and decline to 100 million barrels per day by 2035 before falling in subsequent years.
Cambodia's Prince Group denies link to scams after asset seizures
A Cambodian conglomerate whose founder has had more than $15 billion of allegedly ill-gotten assets seized said it "categorically rejects" claims he amassed his fortune running an internet scam empire. US investigators seized around $15 billion worth of Bitcoin they allege are criminal proceeds -- the largest forfeiture action in the Justice Department's history.
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