Technology

MEXICO CITY/NEW YORK (Reuters) – Mexico’s new leftist government is betting on financial technology to help lift people out of poverty. FILE PHOTO: A worker moves boxes with green tomatoes through the corridors of the wholesale market “Central de Abastos” in Mexico City, Mexico January 11, 2019. REUTERS/Daniel Becerril/File Photo The administration of President Andres
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FILE PHOTO: A man operates a drone over olive trees in Nabatieh area, Lebanon October 25, 2018. REUTERS/ Jamal Saidi NEW YORK (Reuters) – Macquarie Group, the world’s largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday. The investments highlight how
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FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares due to volatility in the payments firm’s stock following reports in the Financial Times which are now the subject of an investigation by German authorities. FILE PHOTO: People walk past the Wirecard booth at the computer games fair Gamescom in Cologne, Germany,
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CAIRO (Reuters) – Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers. A man walks near a banner of ride-sharing app Uber during a news conference in Cairo, Egypt, December 4, 2018. REUTERS/Lena Masri
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FILE PHOTO: People walk past the Wirecard booth at the computer games fair Gamescom in Cologne, Germany, August 22, 2018. REUTERS/Wolfgang Rattay BERLIN (Reuters) – Germany’s financial watchdog Bafin on Monday issued a ban against establishing or increasing short positions in Wirecard AG stock, citing market uncertainties due to the German payments company’s weak share
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FILE PHOTO: German Finance Minister Olaf Scholz attends a media briefing during his visit to Beijing, China, January 17, 2019. REUTERS/Thomas Peter BERLIN (Reuters) – German Finance Minister Olaf Scholz plans to extend tax incentives for electric company cars, he told a newspaper on Saturday, the government’s latest attempt to boost demand for clean vehicles.
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DETROIT/SAN FRANCISCO (Reuters) – Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. FILE PHOTO: Rivian introduces R1T all-electric pickup truck at Los Angeles Auto Show in Los
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FILE PHOTO: Rep. Alexandria Ocasio-Cortez (D-NY) looks on during a march organised by the Women’s March Alliance in the Manhattan borough of New York City, U.S., January 19, 2019. REUTERS/Caitlin Ochs/File Photo WASHINGTON (Reuters) – A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face “dehumanizing conditions”
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SEOUL (Reuters) – Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China’s Huawei, according to company officials and other industry executives. The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji Those efforts include
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