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Uber avoids legal battle with family of autonomous vehicle victim


TEMPE, Ariz. The family of a woman killed by an Uber Technologies Inc self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. | Video

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Google's Hinton says AI poses new challenges to regulators

TORONTO Expansion of artificial intelligence in financial services, healthcare, transportation and other fields poses new challenges to governments charged with regulating those industries, according to an executive with Google who is a pioneer in the field of machine learning. | Video


Mark Cuban says tax rates have almost no impact on investment

NEW YORK Billionaire entrepreneur and potential presidential candidate Mark Cuban said on Wednesday that a cut in the U.S. corporate tax rate would have little to no effect on his investment decisions. | Video


Thursday Morning Briefing

Zimbabwean President Mugabe insists he stays on as the country’s ruler, Lebanon’s Saad al-Hariri is expected to fly to France and a portrait of Christ breaks the world record for the highest artwork sale at auction.


Ryan says Republican tax plan must speed through choppy waters: Reuters interview

WASHINGTON U.S. House of Representatives Speaker Paul Ryan said on Wednesday that a sweeping Republican tax-cut plan is entering its toughest phase yet as lobbyists swarm Congress to try to protect valuable tax breaks. | Video


U.S. lawmakers will not tackle healthcare this year, Ryan says: Reuters interview

WASHINGTON Republican lawmakers will not take up a bipartisan plan to stabilize Obamacare insurance markets or try again to repeal and replace the law this year, House of Representatives Speaker Paul Ryan said on Wednesday, signaling his party was shelving the matter until the 2018 U.S. congressional election year.


Brazil minister raises prospect of Petrobras privatization

BRASILIA Brazil's mines and energy minister, Fernando Coelho Filho, said on Tuesday that President Michel Temer's government is not planning to privatize state-controlled oil company Petróleo Brasileiro SA, after saying the previous evening that such a sale could be possible one day.


RBC's CEO pushes back on suggestion bitcoin is a fraud

TORONTO The chief executive of Canada's biggest lender on Thursday pushed back on a suggestion by JPMorgan Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. | Video


Microsoft search engine Bing to focus on PC search market: CEO

NEW YORK Microsoft Corp Chief Executive Officer Satya Nadella said on Wednesday the company's search engine, Bing, will focus on expanding in the PC search market after losing its deal with Apple Inc's voice assistant Siri. | Video


Brazil's Temer says government not considering privatizing Petrobras

NEW YORK Brazil's President Michel Temer said on Wednesday state-run oil company Petroleo Brasileiro , a symbol of national sovereignty, would stay in public hands even as his government makes an aggressive privatization push. | Video


'Not scared': Australian regulator takes aim at country's powerful banks

SYDNEY Australia's corporate regulator took aim at the nation's four major banks, saying the powerful institutions "with a lot of hubris" aren't used to being taken on by regulators who have stepped up scrutiny of the scandal-hit sector.


Lacking alternatives, HKEx has to keep the faith with London Metal Exchange: Andy Home

(The opinions expressed here are those of the author, a columnist for Reuters.)


HKEX CEO says talks to win Saudi Aramco listing "will never stop"

HONG KONG Hong Kong Exchanges & Clearing Ltd (HKEX) is still in talks with oil giant Saudi Aramco, with the bourse's planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told Reuters on Tuesday.


Hong Kong needs new ways to lure more tech listings: HKEX CEO

HONG KONG Hong Kong needs to find new ways to attract so-called new-economy companies to stay competitive, Charles Li, chief executive of bourse operator Hong Kong Exchanges & Clearing Ltd (HKEX) , told Reuters on Tuesday.


London Metal Exchange trading fees likely to be cut: HKEX chief

HONG KONG Trading fees at the London Metal Exchange (LME) will likely be cut to bolster liquidity at the world's oldest and largest market for industrial metals, said the chief executive of its owner, Hong Kong Exchanges & Clearing (HKEX) .


Australia's biggest pension fund flags equities, local property risks

SYDNEY Australia's largest pension fund, AustralianSuper, is preparing for the end of the global equities run and looking to infrastructure opportunities in the United States where it believes foreign firms will in time gain greater access.


Pension fund AustralianSuper says avoiding energy infrastructure for now

SYDNEY Australia's largest pension fund, AustralianSuper, is interested in investing more in infrastructure projects at home but will avoid the energy sector given uncertainty over government policies.

AustralianSuper to invest more abroad, look into corporate financing

SYDNEY Australia's largest pension fund, AustralianSuper, plans to invest a greater share of its A$120 billion ($96.7 billion) in funds offshore, with Asia set to become a greater focus, chief executive Ian Silk said on Thursday.

AustralianSuper prepares for U.S. infrastructure play

SYDNEY The head of Australia's biggest pension fund, AustralianSuper, expects state governments in the United States will cast aside parochial concerns and allow foreign funds to invest and fix up poor infrastructure there.


Hong Kong court expels four democracy-activist lawmakers

HONG KONG Hong Kong's high court on Friday expelled four opposition lawmakers from the city's legislature after it invalidated their oaths of office, a ruling that undermines the influence of the opposition in favor of pro-China legislators.