Microsoft and General Motors announce a new deal aimed at increasing the availability of autonomous vehicles

General Motors and its self-driving subsidiary Cruise announced a new deal with Microsoft, aimed at speeding up the commercialization of self-driving vehicles.    Microsoft will contribute an undisclosed amount to a $2 billion investment round in Cruise that also includes GM, Honda, and other institutional investors.   The funding round brings Cruise’s valuation to $30 […]

The UNHCR regains access to Eritrean refugee camps

The United Nations high commission for refugees, a subdivision of the UN Refugee Agency, regained access to two refugee camps in Tigray. It found Eritrean refugees in desperate need of supplies and services two months after conflict in the region forced humanitarian workers to withdraw for their safety.   UNHCR led the first humanitarian mission […]

The UK economy is on the brink of a double-dip recession

Official figures show that the UK economy shrank 2.6% in November due to an increase in coronavirus infections and fresh restrictions. The lockdowns put a heavy burden on the economy, setting it on track for a double-dip recession.   November’s drop was considerably lower than the 5.7% contraction economists predicted in a Reuters poll, but […]