Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions.
Zoox Inc., a relatively unknown startup with the goal of building fully autonomous vehicles, was granted permission by California to test self-driving cars on public roads in the state.
Lloyds of London reported a 30% drop of full-year profit as the worlds largest insurance market was hurt by continued pressure on pricing and the lowest investment returns since at least 2001.