Tech entrepreneur Mike Lynch, Morgan Stanley International Bank Chairman Jonathan Bloomer and Clifford Chance lawyer Chris Morvillo were among those unaccounted for after the vessel was hit by a sudden thunderstorm.
Tesla is set to pay lower tariffs on electric vehicles exported from China to the European Union after the bloc revised penalties for carmakers amid an investigation into allegedly unfair subsidies from Beijing.
China’s growing support for autonomous driving is giving robotaxi pioneers a leg up in some of the country’s biggest cities. Soon, these Chinese firms could be global leaders in a market potentially worth more than $100 billion.