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The car industry is actually reinventing the wheel to keep up with robocars

Yet it's more than just tires that are being changed. Auto firms are putting semiconductors and sensors inside headlights, glass and seats to make them as intelligent as the cars driving themselves

Govt mulls spinning off GAIL's gas pipeline business into a separate unit

The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses and may allow govt to sell shares at a later date

Why wealth concentration in the hands of richest 1% may not be a bad thing

Inequality between the very richest and the rest correlates with greater innovation. But we mustn't let the top level become a closed shop

Hong Kong millionaires moving cash to Singapore as political crisis lingers

Hong Kong police arrested more than 40 people after attempts to clear the remnants of a mass anti-government march resulted in clashes with demonstrators on Sunday

Cold currency war between major trading blocs flaring up again, says Pimco

Major central banks may not be the only ones in the cold currency war, according to Fels, who noted expectations for lower rates in South Korea, Indonesia, Chile and South Africa this week

After China, Nike supplier Eclat to exit Vietnam as trade war heats up

The company instead will invest in new facilities in Southeast Asian nations such as Indonesia or Cambodia

The multitrillion-dollar black hole engulfing the world's bond markets

Brexit will keep driving investors into the safest assets, meaning demand will remain high for negative-yielding debt

Hong Kong turmoil has millionaires eyeing other wealth havens

Investors are concerned about Beijing's growing reach in Hong Kong

Just a tap on the wrist? Facebook $5-bn privacy settlement approved by FTC

Although details of the settlement with the US Federal Trade Commission weren't announced, the fine is steep but far from devastating for Facebook.

Emami to pick Arpwood, Credit Suisse to manage cement unit sale: Sources

The bankers will start reaching out to prospective buyers for Emami Cement Ltd., seeking a valuation of about $1 billion

India's overseas debt plan fraught with risk and no real benefit: Rajan

A global bond sale won't reduce the amount of domestic government bonds the local market has to absorb, says Raghuram Rajan

The world's biggest diamond mine is closing after almost four decades

Argyle is best known as the source of about 90% of the world's prized pink diamonds

How Zara's $70-polka dot dress beat big data to be fashion hit of summer

It starts with Zara's army of store managers, who communicate what's selling and what trends are emerging to the commercial team within Inditex's sprawling head office

American experience suggests that an educated workforce may be overrated

This isn't to belittle the value of higher education; a tight labour market won't reduce the need for degrees for engineers or lawyers

How regulators, agencies are hurting India's war on $190-billion bad loans

Here are some instances of government agencies' tussles with the process

China can create its own Goldman Sachs, if Beijing curbs its instincts

Chinese brokerages are relatively unsophisticated beside their Wall Street rivals, focusing mostly on equities trading

Fixed-income traders to keep jobs, says Deutsche Bank's Ram Nayak

Fixed income has been a traditional strength of Deutsche Bank's investment banking activities

Ford- Volkswagen alliance seen amping up pressure on other automakers

Ford and VW have scheduled a press conference for 8 am on Friday in New York to update investors on the alliance

Laid-off expat bankers struggle to find job opportunities in Hong Kong

Expat bankers who lost their jobs and want to remain in Hong Kong often have to consider lower-paying options or demotions

US, India trade talks to restart after Donald Trump's tariff tweets

The US is also challenging India's retaliatory tariffs in a new case at the World Trade Organization