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Daimler CEO mulls JVs with Apple, Google: magazine

Daimler’s (DAIGn.DE) chief executive said “different types” of cooperation with Apple (AAPL.O) and Google (GOOGL.O) are possible as carmakers realize next-generation autos cannot be built without greater input from telecoms and software experts. “Many things are conceivable,” Daimler CEO Dieter Zetsche said in an interview with quarterly magazine Deutsche Unternehmerboerse published on Friday. The emergence of self-driving and connected cars has made software a key component in future cars, opening

U.S. oil fall longest in 29 years after China data

U.S. oil prices headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, after a sharp drop in Chinese manufacturing increased worries over the health of the world’s biggest energy consumer. Activity in China’s factory sector shrank at its fastest pace in almost 6-1/2 years in August as domestic and export demand dwindled, adding to worries about lower consumption of crude in the second-biggest