HP, Dell, other tech firms plan to shift production out of China: Nikkei

FILE PHOTO: The Hewlett-Packard (HP) logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo (Reuters) – Several technology companies, including HP Inc (HPQ.N), Dell Technologies (DELL.N) and Microsoft Corp (MSFT.O), are planning to shift substantial production capacity out of China, Nikkei […]

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China’s ‘father of EV’ urges more hydrogen infrastructure to develop fuel cell vehicles

FILE PHOTO: Chinese Minister of Science and Technology Wan Gang attends the International Forum on Electric Vehicle Pilot Cities and Industrial Development in Beijing, China June 6, 2017. REUTERS/Thomas Peter/File Photo BEIJING (Reuters) – China needs to strengthen its infrastructure for the distribution of hydrogen as a fuel to accelerate development of its fuel-cell vehicle […]

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Facebook’s Libra coin likely to run a regulatory gauntlet

NEW YORK/SAN FRANCISCO(Reuters) – Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year. FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration/File Photo […]

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Antitrust regulators may also scrutinize internet firms’ cryptocurrencies: German cartel chief

Small toy figures are seen on representations of virtual currency in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration BONN, Germany (Reuters) – Cryptocurrencies backed by big internet companies could come under the scrutiny of antitrust regulators, the head of Germany’s Federal Cartel Office said on Thursday after Facebook […]

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Russia’s Yandex.Taxi likely to issue new shares in IPO, says top shareholder

MOSCOW (Reuters) – Russia’s largest online taxi service Yandex.Taxi is likely to sell new shares in its planned initial public offering (IPO), an executive at its majority shareholder Yandex told Reuters. Greg Abovsky, Yandex COO, speaks during interview with Reuters in St. Petersburg, Russia June 6, 2019. REUTERS/Maxim Shemetov Russian internet company Yandex and U.S. […]

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