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Waymo testing self-driving car ride service in Arizona

SAN FRANCISCO Alphabet Inc's Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday.

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China targets 35 million vehicle sales by 2025, NEVs to make up one-fifth

BEIJING/SHANGHAI China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total, the industry ministry said on Tuesday.

Toshiba to start taking bids in June for its Swiss unit Landis+Gyr: Kyodo

TOKYO Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.

Deals, Japan 1:29am EDT

Ericsson plunges to quarterly operating loss

STOCKHOLM/LONDON Mobile telecom equipment maker Ericsson plunged to a quarterly operating loss on Tuesday, hit by shrinking markets and restructuring costs.

3:32am EDT

Exclusive: Vivendi to accelerate expansion in video games and advertising - sources

PARIS French media giant Vivendi will accelerate acquisitions in video games and advertising this year to allay investor concerns about its strategy, mixed results and poor share performance, two sources close to the matter told Reuters.

5:12am EDT

EU probes potential abuse by Swedish mobile operators

STOCKHOLM/OSLO The European Commission is investigating whether mobile network operators in Sweden have abused their market position or engaged in anti-competitive practices to block competitors from entering the market, it said on Tuesday.

7:35am EDT

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