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Uber to sell Southeast Asia business to rival Grab: Sources

The deal, which could be announced as early as Monday, marks the industry's first big consolidation in Southeast Asia, home to about 640 million people, and puts pressure on rivals such as Indonesia's Go-Jek, backed by Alphabet Inc's Google and China's Tencent Holdings Ltd.

BMW will spend more on autonomous driving, electric cars

Automaker BMW says this year's profits will at least equal last year's results as the company sinks billions into developing electric and autonomous car technology to meet expected changes in how people get from one place to another.