Uber Technologies Inc
is spending millions of dollars in Toronto to open an
engineering hub and expand its self-driving car operations, the
strongest indication yet that the company is not retreating from
autonomous vehicle development despite recent setbacks.
The U.S. Consumer Financial
Protection Bureau has filed suit against Future Income Payments,
a Nevada company that offers cash advances in exchange for
future pension benefits, which the regulator said are actually
exceptionally high-interest loans.
Suggestions by some
policymakers in Italy that the country's 2019 budget may fail to
comply with EU norms have impinged on the economy, though the
negative effects have not spread abroad, ECB head Mario Draghi
said on Thursday.
Sri Lankan shares closed flat
near a two-week closing low on Thursday in heavy trading led by
Dunamis Capital Plc which nearly doubled in value,
even as foreign investors continued to trim their equity
exposure for a second straight day.
The European Central Bank
kept policy unchanged as expected on Thursday, staying on track
to end bond purchases this year and raise interest rates next
autumn, even as protectionist moves around the globe drag on