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May 19, 2017

Zurich Insurance deploying robots to decide personal injury claims

Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after test trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims handling … and saved 40,000 work hours, while speeding up the claim ...

Trump administration announces plans to renegotiate NAFTA

May 19, 2017

Trump administration announces plans to renegotiate NAFTA

Making good on a campaign promise, the Trump administration formally told Congress Thursday that it intends to renegotiate the North American Free Trade Agreement with Canada and Mexico. U.S. Trade Rep. Robert Lighthizer sent a letter to congressional leaders Thursday, starting 90 days of ...

Toyota planning ¥100 billion bond issue to focus on R&D

/ May 18, 2017

Toyota planning ¥100 billion bond issue to focus on R&D

Toyota Motor Corp. is mulling issuing up to ¥100 billion ($900 million) in bonds with maturities of up to 20 years to invest in developing next-generation car technologies, sources close to the matter said Thursday. Toyota plans to spend around ¥1.05 trillion on research ...