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Vessel owned until recently by US private equity group Oaktree Capital is latest to be hit in Gulf of Aden
...That was followed by new safety guidelines in December for the use of autonomous vehicles in public transport....
...company less than three months after it won the right to operate a full robotaxi service in San Francisco....
...San Francisco this year became the first US city to allow driverless taxis to transport passengers without restrictions and without the supervision of humans behind the wheel....
...The developments come only months after San Francisco became the first US city in which driverless taxis were free to transport passengers without restrictions and without the supervision of humans behind...
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...This could keep rates in line with rideshare companies. There are two ways to lower rates. First, use radar and cameras instead of Lidar (light detection and ranging) systems....
...Techs vs transports Four of the five mammoth technology companies (Meta, Amazon, Alphabet and Microsoft) have now reported, and colour us impressed....
...The San Francisco Municipal Transportation Agency, which oversees street transport, has called for the rollout to slow down....
...While booking train transport from the UK to the Alps is typically much more expensive, Inghams is keeping pricing the same on many trips....
...is dominated by more well-established growth-focused companies....
...The enterprise chief chuckles as he notes that decoy radar reflectors are made from cut-up barrels from Russia’s second-biggest company, Lukoil....
...With its “Dezervator” — a lift that transports residents to their luxury homes without ever leaving their cars — it’s a far more fitting office location for an up-and-coming hedge fund mogul than a pancake...
...But the race is not just about human transport. There's cargo and other services, too. PWC estimates that the lunar transport and logistics market could be worth more than $100bn by 2040....
...“You see far less personal car ownership in Europe and the UK, and greater uptake of public transport and other solutions,” he says....
...Using stub equity and favourable tax laws, the firm was able to structure KKR’s acquisition of Hitachi Transport System, a logistics subsidiary....
...But for many of the biggest companies in the world, driverless vehicles are still inevitable....
...And no other company is aiming for this kind of scale in this timeframe.”...
...Across multiple sectors, pent-up demand amid continuing supply constraints have enabled companies to successfully implement price hikes to offset rising input, transport and labor costs....
...Consumer, transport and infrastructure stocks also gained....
...The firm is currently involved in projects in the production, storage and transport of hydrogen....
...The business, which books travel for corporates, is going public through a blank-cheque company backed by private equity group Apollo....
...So does Musk think the stated goal he set for Tesla more than 15 years ago, to lead a transport revolution, has finally been achieved?...
...After last week’s attack on the MV Mercer Street, an oil tanker managed by a UK company owned by an Israeli, the US and UK condemned Iran and said they were working on a co-ordinated response....
...As part of the six year agreement, Vodafone and Google will also develop a system that can extract and transport data across different countries where the telecoms company operates....
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