U.S. Issues Call for Urgent Repairs on 300,000 Hondas, Acuras with Takata Air Bags

U.S. auto safety regulators warned on Thursday that Takata air bag inflators on more than 300,000 unrepaired recalled Honda vehicles show a substantial risk of rupturing, and urged owners to stop driving the “unsafe” cars until they have been fixed. …

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Regulators Investigating Fatal Collision of Tesla on Autopilot

U.S. regulators are investigating a fatal accident involving a Tesla Motors Inc. sedan that was driving on autopilot, drawing scrutiny to a key technology the electric-vehicle maker is betting on for the future of self-driving cars. The crash involved a …

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Railroad Industry Being Left Behind in Drive to Autonomous Transportation

Peter Mills sees an inconsistency. One arm of the U.S. Department of Transportation is recommending two-person crews be required for freight trains as another plans to spend billions to help develop driverless technology for long-haul trucks. “Anything that tilts the …

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BHP to Fight $6B Civil Claim over Brazil Mining Disaster

BHP Billiton on Friday said it would appeal against the decision by a Brazilian court to reinstate a $6 billion public civil claim over last year’s Samarco iron ore mine disaster. BHP and 50-50 joint-venture partner Vale had agreed on …

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London Re/Insurance Market Will Weather Brexit Storm: Execs

Brexit has created great uncertainty for the UK, the European Union and perhaps the world. Pretty much everyone agrees on that. But there is less agreement about how an EU exit will affect London’s financial center. It looks like the …

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PartnerRe Reorganizes Business Units to Align with Client Needs

PartnerRe Ltd. announced the formation of a new organizational structure, designed to provide increased value to its clients around the world. “The restructuring of PartnerRe’s business is aimed at better aligning its global expertise with the needs of its client …

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Post-Brexit Market Rout Deepens UK Corporate Pension Deficits

Record low gilt yields following Britain’s vote to leave the European Union are deepening UK pension deficits, worsening a headache for domestic companies which may be called upon to help fill the gap. Several years of ultra-low British interest rates …

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