4 Things to Know

Beyond India: Daimler-BMW Joins Forces for Self-driving Tech & Marks and Spencers Plans a Home Delivery Service

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  1. Here is an alliance to watch out. Two of the biggest manufacturers of high-end vehicles, Daimler and BMW, are expected to unveil plans to expand for the development of self-driving vehicle technology.
  2. Nutella lovers will have to wait because there’s some bad news. Italian confectioner Ferrero has temporarily halted activity at the biggest production plant of its Nutella spread because of a quality issue that emerged off late. 
  3. Marks and Spencers is all set to venture into the online space. Marks & Spencer and Ocado have confirmed a deal which will give the High Street retailer a home delivery service for the first time.
  4. Tesla is encashing big from the Chinese. It is lining up about $2 billion from Chinese lenders to build out its massive battery and car plant in Shanghai, according to recent research.

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