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OPEC officials were not sure whether Russia will join another round of supply cuts. Russian Energy Minister Alexander Novak said on Wednesday no emergency action was warranted to stem the decline in prices. “The market is quite volatile today. We remember that the oil price was sharply rising in the same way, now it is going down. We have to look into long-term development, into how the price will be stabilized,” he said in Singapore. But OPEC officials hope Moscow will come round eventually.

MIAMI (Reuters) - Ford Motor Co (F.N), Walmart Inc (WMT.N) and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday, The project orlando magic cufflinks is the latest to grow out of Ford’s broader effort to develop businesses that could use automated delivery vehicles, Ford was working with San Francisco-based Postmates already to develop delivery services that could employ automated vehicles..

The Walmart pilot, which will take place in the Miami area, initially will use human-driven vehicles operated to simulate how a self-driving vehicle would behave, Ford said. Ford has said it expects to launch commercial production of automated vehicles by 2021. Ford and its partners are using Miami as a testing ground for automated delivery service ideas and automated vehicle technology. The new pilot project will offer customers delivery by Postmates of goods ordered at Walmart stores. Brian Wolf, an executive of Ford’s autonomous vehicle unit, wrote in a blog post that the companies will work over the next “couple of months” to figure out what goods can be delivered successfully, especially perishable groceries.

“Before self-driving cars can go mainstream, we must get a better sense of how people want to interact with them,” Tom Ward, Walmart senior vice president for digital operations, said in a statement on Thursday, That could require new designs or equipment for vehicles, Wolf wrote, Among the challenges Ford has said it is working on is designing on-board storage systems that are easy for customers to open to retrieve a pizza or a package, Postmates, according to its website, operates in 385 U.S, cities, as well as Mexico, It offers delivery from brick-and-mortar restaurants and orlando magic cufflinks stores..

Walmart is competing with online retailer Amazon.com (AMZN.O) and other rivals to cut the cost of delivering goods over what industry executives call “the last mile” to customers who order online. Replacing human delivery van drivers with robotic systems could reduce last-mile delivery costs. But the technology is still expensive, and the industry is still waiting for regulations that could help protect automated vehicle owners or manufacturers from liability claims. Ford has emphasized commercial uses of autonomous vehicle technology, such as goods delivery, in contrast to rival General Motors Co (GM.N), which is working to build a robot taxi service at its GM Cruise unit.

SEOUL (Reuters) - South Korea’s top financial regulator said Samsung BioLogics Co Ltd (207940.KS) had intentionally orlando magic cufflinks breached accounting rules ahead of its 2016 listing, leading to a suspension in trading of the biotech firm’s shares and a review of its listing status, The Financial Services Commission (FSC), which has been reviewing the matter after a complaint by an activist group and politicians that the Samsung Group arm unfairly inflated its value, also called for Samsung BioLogics’ CEO to be fired..

The disciplinary action is a blow to South Korea’s biggest conglomerate, which is banking on biopharmaceuticals for growth and announced plans in August to invest 25 trillion won ($22 billion) in the business and in other areas such as artificial intelligence and 5G mobile technology. It also comes at an awkward time for the group, as heir Jay Y.Lee is awaiting a Supreme Court ruling on bribery charges and politicians are calling for transparency in its governance. Critics have said Samsung BioLogics breached accounting standards by switching the valuation method of its stake in a joint venture in 2015 to inflate profits before listing a year later.

BioLogics shares have slumped 30 percent since the regulators began a review into the allegations in May, leading to a loss of about $9 billion in market value, BioLogics has denied wrongdoing, citing an agreement with its U.S, partner as the reason for valuing its stake in the joint venture at fair market value instead of at book value, After FSC’s decision on Wednesday, BioLogics repeated orlando magic cufflinks its denial, and said it would file an administrative lawsuit against the regulator, The Korea Exchange said in a statement the suspension in trading of BioLogics shares would continue for at least 15 business days while the bourse conducts a review which could lead to de-listing..

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