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Robot Wars: Russia's Yandex begins autonomous delivery testing

Russian internet giant Yandex has started testing autonomous delivery robots, the latest addition to its technological arsenal, the company said on Thursday. Yandex, often described as ‘Russia’s Google’, operates a number of services that could benefit from autonomous delivery, in particular its restaurant delivery service Yandex.Eda, e-commerce arm Yandex.Market, a joint venture with Russian lender Sberbank, and recently launched service for grocery delivery, Yandex.Lavka. Testing for the Yandex.Rover is already underway at its Moscow headquarters, where the device moves by itself but under human supervision, the company said in a statement. …read more […]

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Lufthansa only interested in “restructured” Alitalia-CEO

German airline Lufthansa is only interested in investing in struggling Italian airline Alitalia, which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday. “The technical restructuring of taking elements out, people out needs to be done by the current ownership before we can see ourselves getting involved here,” Carsten Spohr told analysts after Lufthansa reported third quarter results. On Wednesday, Alitalia’s administrators said they had no preferred option between Delta Air Lines and Lufthansa, the two groups talking with rail operator Ferrovie dello Stato about …read more […]

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Wind turbine maker Vestas benefits from climate change action, sees orders jump

Wind turbine maker Vestas’ sales, orders and profit surpassed analysts expectations in the third quarter as the Danish firm enjoys one of its busiest periods on record, lifting its shares nearly 11 percent on Thursday. Demand for renewable power sources has been growing in tandem with global efforts to combat climate change, boosting both Vestas’ orders for new turbines and its service business, where it now maintains roughly 43,000 turbines. “The industry we’re representing is on very very high demand with all the focus on the environment and we see a strong message from most governments,” Chief …read more […]