Sunday , August 20 2017

Fiat Chrysler ties up with BMW, Intel on self-driving

Fiat Chrysler partners with BMW, Intel on self-driving autos copy

Bloomberg Fiat Chrysler Automobiles NV will join BMW AG and Intel Corp. in developing a platform for self-driving vehicles, giving the Italian-American automaker new technology partners and adding heft to their existing coalition. FCA, which supplies plug-in hybrid Chrysler Pacifica minivans to Alphabet Inc.’s Waymo driverless-car unit, announced it had ...

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ECB’s Draghi confronts crux of QE effect

epa06016763 President of the European Central Bank (ECB) Mario Draghi speaks at a news conference after an ECB Governing Council meeting, in Tallinn, Estonia, 08 June 2017.  EPA/VALDA KALNINA

Bloomberg European Central Bank policy makers are wondering how much stimulus quantitative easing offers once bond-buying stops. Their assessment will likely influence the ECB’s strategy for ending its asset-purchase programme. Keen to avoid any steps that inadvertently tighten financial conditions, policy makers can’t ignore that their open-ended QE design so ...

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