Soft Bank
Japan’s SoftBank Corp said it will launch a service this year that would use satellite navigation data and the telco’s mobile base stations to help power self-driving buses.
Riyadh-based ACWA Power, partly owned by Saudi’s Public Investment Fund (PIF), is in talks to become a manufacturer of solar panels, Paddy Padmanathan said in an interview.
Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp (9984.T) to build the world’s biggest solar-power-generation project.
SoftBank shares have fallen around 7 percent this year.
German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank.