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April, 30, 2016

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Business
Swedish carmaker Volvo on Wednesday announced it would give self-driving cars to ordinary Britons to test on the streets of London in 2017.
 
Google and Uber are part of a coalition unveiled on Tuesday to push for a unified U.S. legal code on self-driving cars as part of a broader lobbying drive to promote that technology.
 
Twitter gets lots of grief from investors because it hasn't taken over the world the way Facebook did, at least in terms of amassing users.
 
Chipotle posted its first quarterly loss as a public company Tuesday after it gave away millions of free burritos to win back customers following a series of food scares.
 
Japanese video-game maker Nintendo Co. reported a 24 billion yen (US$216 million) loss for January-March Wednesday, bigger than the loss it reported the previous year.
 
Apple's suppliers were among the big losers in Asian markets Wednesday after it announced the first fall in iPhone sales, while overall trading was tentative before a Federal Reserve announcement later in the day.
 
The U.S. dollar fell on Wednesday as traders look to a Federal Reserve policy meeting for more clues about its timeline for raising interest rates.
 
The United Kingdom's economic growth slowed in the first quarter of the year, hit by a heavy drop in construction and manufacturing, official data showed on Wednesday.
 
Consumer confidence in Germany is on the rise again as households feel that economic recovery will gather pace in the coming months, a poll found on Wednesday.
 
Oil prices extended gains in Asia Wednesday as traders await a report on U.S. stockpiles, and some analysts said the market was set for a rebalancing after touching bottom.
 
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