WASHINGTON, Reuters U.S. auto safety regulators said on Monday carsharing firm Zipcar has agreed to pay a 150,000 fine after a government investigation found it allowed customers to rent vehicles with uncompleted recalls. Zipcar could be forced to pay another 150,000 if it does not comply with terms of the settlement with the National Highway Traffic […]

Reuters Tyson Foods workers and activists rallied outside the U.S. meat company39;s headquarters in Arkansas on Monday to protest the industry39;s use of child labor and push for improved working conditions in processing plants. Activists and the Biden Administration have pressured the U.S. meat industry to adopt safer labor policies after children hired by contractors were found doing […]

STOCKHOLM, Oct 17 Reuters Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after reporting a fall in thirdquarter revenue as demand for 5G equipment fell in North America. The company, which preannounced its results last week and took a 2.9 billion impairment charge over its Vonage acquisition, said it […]

BENGALURU, Oct 17 Reuters Maruti Suzuki India, the country39;s top carmaker by sales, said on Tuesday it would issue shares worth 128.41 billion rupees 1.54 billion to Suzuki Motor to buy a local manufacturing plant from the Japanese automaker. This is the first time that Maruti has disclosed a value for the plant in the western […]

BEIJING, Oct 17 Reuters Chinese technology giant Baidu on Tuesday unveiled the newest version of its generative artificial intelligence AI model, Ernie 4.0, saying its capabilities were on par with those of ChatGPT maker OpenAI39;s pioneering GPT4 model. CEO Robin Li introduced Ernie 4.0 at an event in Beijing, focusing on what he described as the […]

MOSCOW, Oct 17 Reuters Russian supermarket chain Lenta39;s on Tuesday said it had acquired the Monetka chain of 2,120 convenience stores for an undisclosed sum in a deal financed by cash and debt. Shoppers have faced surging prices and falling incomes since the Kremlin ordered tens of thousands of troops into Ukraine in February 2022, hitting […]