28 Articles
Jun 24, 2020 ETC
Pope writes to Alex Zanardi, saying his life is a 'lesson of humanity'

'Thank you for giving strength to those who had lost it'

Pope Francis has written to former Formula One driver and Paralympic champion Alex Zanardi, who is in intensive care after suffering severe head injuries in a handbike accident on Friday, telling him his life is a "lesson of humanity". In a handwritten letter published by the Gazzetta dello Sport, Pope Francis said the 53-year-old, who turned to handbike racing after losing both legs in a 2001 Champ Car crash in Germany, was an example of how to live life to the full. Zanardi is an inspiration

Reuters
Jun 24, 2020 Report
Toyota holds a $293 million stake in Uber

The Japanese giant currently has an interest in 174 firms

Toyota Motor Corp holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota's latest corporate governance report released on Wednesday showed. The Japanese automaker has also unloaded shares in some of its suppliers, adjusting its portfolio to reflect partnerships with rival automakers and technology firms as it transforms into a mobility services company, the report showed. Reporting the total size of its

Reuters
Jun 24, 2020 Report
Italy reportedly guarantees $7.1 billion loan to Fiat Chrysler

American and soon to be French ties added some controversy

Italy has approved a decree offering state guarantees for a 6.3-billion euro (£5.7 billion) loan to Fiat Chrysler's (FCA) Italian unit, a source said, paving the way for the largest crisis loan to a European carmaker. The source said Italy's audit court had signed off on the decree, in a final step of what had been a lengthy and contested process to get the loan approved. FCA's Italian division has tapped Rome's COVID-19 emergency financing schemes to secure a state-backed, three-yea

Reuters
Jun 24, 2020 Official
Mercedes-Benz, Nvidia deepen autonomous driving alliance

Cars with the chipmaker's hardware will have their software constantly refined

The alliance between a deep-pocketed tech player and the world's oldest carmaker allows Mercedes to jointly develop new automated driving capabilities and software applications at a time when the auto industry is struggling to generate profits. "We want to launch a ground-breaking software-defined computer architecture for driving assistance and autonomous drive," Daimler Chief Executive Ola Kaellenius said during a joint presentation by the two companies on Tuesday. The Nvidia Drive AGX Orin

Reuters
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