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Waymo invited Reuters to ride in a white Chrysler Pacifica hybrid modified with the company’s technology through the streets of Chandler, Ariz., a city about 22 miles (35 km) southeast of Phoenix. A dome-shaped sensor atop the car was the primary clue that this was no ordinary vehicle. Inside, a safety driver sat at the wheel, with a Waymo representative in the front passenger seat. Two video screens built into the seatbacks, facing the backseat passengers, read “Good afternoon, Waymo Rider.” The monitors showed the car’s trajectory, and contained touchscreen buttons that could be tapped to summon an outside Waymo operator with any questions.

The drive took place on city streets with moderate traffic on wide, well-paved roads on a relatively clear day, But even in these favorable conditions, Waymo’s technology performed much like a student driver: slow and timid, The vehicle was hyper-aware of pedestrians and had trouble distinguishing their intentions, For example, it stopped for a man standing at a crosswalk talking on his cellphone even though it was clear that he was not going to cross the street, The car slowed well ahead of stop signs and drove at a snail’s pace over speed bumps, Yet it sometimes executed lane changes with an unsettling jerk as an automated voice over the speaker system called are cufflinks old fashioned out “left” or “right.” That is a feature Waymo says helps riders understand what the car is doing..

Other maneuvers came off without a hitch, including one of the trickiest: crossing three lanes of oncoming traffic to execute a left turn into a parking lot. The safety driver never touched the wheel during the entire drive. Waymo says it will phase out these human minders eventually, but has given no timeline for doing so. Navigating an uncertain U.S. regulatory environment could prove even more challenging. Arizona has fewer regulations on self-driving cars than most states, a major factor in Waymo’s decision to launch there. The rest of the country is a jumble of sometimes contradictory requirements. Federal guidance has yet to arrive.

LONDON (Reuters) - If are cufflinks old fashioned OPEC and its allies led by Russia agree to reduce oil output next year by reverting to 2016 production quotas, it would imply an OPEC-only supply curb of at least 1.2 million barrels per day (bpd), according to Reuters calculations, Russia’s TASS news agency, citing an OPEC source, reported on Wednesday that this was one idea being discussed at this week’s meetings of the Organization of the Petroleum Exporting Countries, Russia and other allies, If OPEC countries that in October 2018 were pumping above 2016 supply targets reduced output to the agreed levels and members pumping below that quota kept production steady, the total reduction would be 1.2 million bpd, the Reuters calculations based on OPEC figures showed..

NEW YORK (Reuters) - Global stocks fell on Wednesday, plagued by a flattening yield curve that sparked concerns about an economic slowdown in the United States and weakening expectations of a lasting U.S.-China trade truce, while the dollar steadied. U.S. markets were closed to mark former President George H.W. Bush’s death, but the effect of Wall Street’s turmoil in the previous session, when New York-listed shares tumbled more than 3 percent, was felt in Asia and Europe. The MSCI’s all-country index .MIWD00000PUS shed 0.5 percent.

Tuesday’s markets chaos came a day after equities boomed on optimism that China and the U.S, had temporarily called a tariff ceasefire to sort out their trade dispute, But doubts began soon after along with President Donald Trump threatening “major tariffs” on Chinese imports if his administration failed to reach an effective trade deal with Beijing, “As I look are cufflinks old fashioned into next year, most expectations for further gains have been pared back, Investors have gone from extended bullishness at the start of the year on equities to an uncomfortable neutrality,” said Paul O’Connor, head of multi-asset at Janus Henderson..

Trump’s comments, alongside the drop in U.S. stocks and bond yields, pushed Asian shares outside Japan .MIAPJ0000PUS 1.4 percent lower. The pan-European STOXX 600 index lost 1.16 percent. Markets across the world have been rattled by recession fears, exemplified by the flattening U.S. Treasury yield curve. The benchmark Treasury 10-year yield fell to its lowest point since mid-September on Tuesday, while the spread between the 10-year yield over its two-year counterpart also shrank to the smallest since the start of the financial crisis in January 2008. That signaled to some investors an approaching U.S. economic slowdown.

The flattening of the curve gained momentum after last week’s signal by the Federal Reserve that it may be nearing an end to its three-year rate-increase cycle, The dollar steadied on Wednesday after it took a hard hit in the early reaction to recession concerns and the initial thaw in trade tensions between Washington and Beijing sapped demand for the safe-haven greenback, The greenback rose 0.32 percent against the Japanese yen and the euro gave up all its early gains to trade down 0.04 percent are cufflinks old fashioned against the dollar..

 

 
 
 

 

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