Ethiopian crash families criticize Boeing over donation plan

The families of victims of an Ethiopian air disaster on Thursday criticized Boeing's plan to donate $100 million to unspecified charities and communities affected by two crashes, saying it was too vague and that families should have been consulted first.

Oil prices fall on U.S. inventory data, concerns about demand

Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.

BMW and Daimler team up on automated driving

Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time of shrinking margins.

Samsung in hot water over splashy Australian phone ads

Australia's consumer watchdog has sued Samsung Electronics Co Ltd's Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to use in swimming pools and the surf.

French official says 'not aware' of new discussions on Renault, Fiat Chrysler alliance

The head of French state holding APE said on Thursday he was "not aware" of any new discussions between Renault and Fiat Chrysler over a future alliance.

Deloitte, partner fined over Serco Geografix audit failures

Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.

EU opens road to 5G connected cars in boost to BMW, Qualcomm

European Union states opened the way to competing technologies for internet connected cars on Thursday, rejecting a European Commission push for a wifi-based standard backed by Volkswagen .

China says existing U.S. tariffs must be removed for a trade deal

Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China's commerce ministry said on Thursday.

U.S. judge blocks Qualcomm effort to put antitrust ruling on hold

A U.S. judge on Wednesday ruled against Qualcomm Inc's effort to block the implementation of a sweeping antitrust ruling against it as the mobile chip supplier pursues an appeal that could take more than a year to wind through the courts.

William Hill to close British betting shops, cut jobs after curbs

William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the "crack cocaine" of gambling by their critics.

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