Advertisement
UK markets closed

  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     

  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     

  • CRUDE OIL

    85.30
    -0.11 (-0.13%)
     

  • GOLD FUTURES

    2,405.90
    +22.90 (+0.96%)
     

  • DOW

    37,897.04
    +161.93 (+0.43%)
     

  • Bitcoin GBP

    49,669.57
    -1,994.15 (-3.86%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • NASDAQ Composite

    15,892.07
    +7.05 (+0.04%)
     

  • UK FTSE All Share

    4,260.41
    -78.49 (-1.81%)
     
Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Chinese carmaker Chery to use Nvidia's self-driving technology

Reuters
FILE PHOTO: The nVIDIA booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake/File Photo GLOBAL BUSINESS WEEK AHEAD SEARCH GLOBAL BUSINESS 7 AUG FOR ALL IMAGES - RC16E47FADD0

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

Chery will be the first Chinese carmaker to adopt the new system, Nvidia said. (http://bit.ly/2EOUx89)

Chinese internet search firm Baidu and German auto supplier ZF had selected Nvidia Drive for their autonomous vehicle computing platform development in China, Nvidia Chief Executive Jensen Huang said last week.

Nvidia already has partnerships in the autonomous vehicle industry with companies such as Tesla.

Nvidia, traditionally a maker of graphics chips for PCs, has been expanding its reach to newer technologies such as self-driving cars.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)