EU mergers and takeovers (Nov 6)

By Rudall

self driving car(Julia Wang/Waymo via AP) 29, 2017, photo provided by Waymo shows a Chrysler Pacifica minivan equipped with Waymo’s self driving car-driving car technology, being tested with the company’s employees as a biker and a pedestrian at Waymo’s facility in Atwater, Calif. Waymo, hatched from a Google project started eight years ago, showed off its progress Monday during a rare peek at a closely guarded testing facility located 120 miles southeast of San Francisco where its robots complete their equivalent to driver’s education.

Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified – that is, ordinary first-stage reviews – until they are approved. (Reporting by Foo Yun Chee)

But seemingly unfazed, government social media channels have replayed a months-old interview with Prince Mohammed in which he stressed that neither ministers nor business tycoons will be spared if found guilty of corruption.

specialty material company Celanese and private equity firm Blackstone to combine their cellulose acetate tow units under a new joint venture (notified Sept. 9/deadline extended to March 19 from March 5)

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company’s proposed remedies or an EU member state’s request to handle the case.

— Austrian energy and petrol station company OMV to acquire 40 percent of electric car charging company Smatrics which is owned by hydropower company Verbund and Germany’s Siemens (notified Oct.

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company’s proposed remedies or an EU member state’s request to handle the case.

This race is a testament to human ingenuity and innovation. A car wins by being the first to reach the goal safely. The race itself is challenging, starting from simple tracks and recently stretching to urban looking locations, the cars must be able to detect and avoid not only obstacles but also each other. The vehicles are marked according to performance in speed, maneuvering and coping the driving rules and safety measures. The vehicles will not have any form of human interference or control making it a completely under the control of artificial intelligence systems.

Assuming that driverless vehicles meet the goals that Google has projected, haulage companies that refuse to adopt driverless technologies may find their competitive edge being stripped away by others who do choose to utilise the technology. Autonomous lorries will offer advantages that many of the larger UK haulage companies will be unable to ignore.

“In addition to studying how the shuttle interacts in a live traffic environment in downtown Las Vegas, AAA will survey riders on their experience in order to understand why a large percentage of consumers remain wary of driverless technology and whether a personal experience changes their perception,” the city said.

In the recent years, the agricultural industry has been increasingly interested in the development of automated technology such as driverless tractors, data collection, robotic milking system and aerial surveying of farm field. However, the successful growth of the market is dependent on the development of a highly cooperative and collaborative industry ecosystem. Rising labor costs coupled with the progress in self-driving technology for vehicles including object detection capabilities using multi-camera systems, lidar and radar technology is expected to positively influence the adoption of automated tractors globally.

Computer hardware and software will take centre-stage, meaning that hard working hauliers will have to adapt by specialising in fields automated vehicles would be unable to handle – and will still be plenty (if not more than now) of those. It is worth noting, however, that such shift will inevitably lead to a change in the occupational landscape of the haulage industry.

— Japanese engineering company Chiyoda Corp which is a subsidiary of Japan’s Mitsubishi Corp, Portugal’s Energias de Portugal, energy company Trustwind, which is a unit of a joint venture between France’s Engie and Marubeni Corp, Japanese conglomerate Mitsubishi, and Spanish energy company Repsol to set up a joint venture (notified Nov.

— German car parts maker Continental Automotive and French industrial group Alstom to jointly acquire a minority stake in driverless car technologies company EasyMile (notified Oct.

Among those being held, aside from Prince Al-Waleed, is Waleed al-Ibrahim, owner of the influential Arab satellite network MBC, as well as construction tycoon Bakr Bin Laden and billionaire Saleh Kamal.

However, if this leads to reducing corruption, it can be a huge positive for the economy,” Raghu said. “In the short-term this (the crackdown) will increase risk premium, reduce liquidity and create uncertainty.