Redmond (dpa-AFX) – Microsoft corp. agreed to buy speech-recognition company Nuance Communications Inc. for 56.00 dollars per share in cash, valuing the company at 19.7 billion dollars, including net debt. The deal price represents a 23-per-cent premium to the closing price of Nuance on Friday, April 9. Microsoft noted that Mark Benjamin will remain chief…

New Delhi (dpa-AFX) – India’s industrial production declined sharply and at a faster than expected pace in February, preliminary figures from the statistical office showed Monday. The industrial production index dropped 3.6 per cent year-on-year following a 0.9- per-cent decrease in January. Economists had expected a 3-per-cent fall. In the same month last year, production…

Washington (dpa-AFX) – Domino’s Pizza and autonomous vehicle start-up Nuro are launching autonomous pizza delivery in Houston this week. Following the launch, some Domino’s customers in Houston can have a pizza delivered by Nuro’s R2 robot. Nuro’s R2 is the first completely autonomous, on-road delivery vehicle with a regulatory approval by the US Department of…