Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process.

FRANKFURT – Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday.

Big companies are scrambling to grab a share of the $150bn (£119bn) global cannabis market, eyeing products as diverse as beer and dog treats.

Another tech start-up made a blockbuster debut on the US stock market last week, with shares in Slack ending the week more than 40% higher.

Federal Reserve says 18 of the nation’s largest and most complex banks strong enough to withstand a severe economic downturn.

Business leaders are calling on the next prime minister to commit to delivering HS2 in full.

Apple has joined a growing chorus of firms urging the Trump administration to drop a plan for more US tariffs on Chinese goods.

Major U.S. stock indexes are edging mostly higher, on track to finish a wobbly day of trading with the market’s third straight weekly gain.

Walmart agreed Thursday to pay $282 million to settle civil and criminal allegations of overseas corruption, including payment of more than $500,000 to an intermediary known as a “sorceress” for her uncanny ability to make permit problems disappear.

Wall Street capped a broad rally for stocks by driving the S&P 500 index to an all-time high.