JPMorgan partners with data start-up to boost fixed-income trading

NEW YORK (Reuters) - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/...

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China's recyclers eye looming electric vehicle battery mountain

SHANGHAI (Reuters) - After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China’s streets. Batteries for electric vehicles are manufactured a...

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Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

SINGAPORE/BANGKOK (Reuters) - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). FILE PHOTO: The Singapore Lazada website is seen in this illustration photo June ...

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Tesla reaffirms effort to build cars in China; mum on deal report

(Reuters) - Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. FILE PHOTO: Tesla Mod...

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Tesla moves closer to deal to build cars in China

(Reuters) - Electric car maker Tesla Inc (TSLA.O) said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. FILE PHOTO: Tesla Model 3 cars are seen as Tesla holds an event at the factory handing over i...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data center operator Digital Realty Trust (DLR.N) and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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U.S. warns public about attacks on energy, industrial firms

(Reuters) - The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other public infrastructure. A projection of cyber code on a hooded man is pictured...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data centre operator Digital Realty Trust (DLR.N) and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) - Social media company Snap Inc (SNAP.N) said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc (FB.O). FILE PHOTO - A woman stands in ...

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Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc (TSLA.O) had apparently misunderstood the “average” reliability rating the magazine assigned to the electric carmaker’s Model 3 sedan this week, calling it generally “positive” for an all-new vehicle. FI...

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Bitcoin soars to record high above $6,000

NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. Bitcoins are seen in th...

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Whole Foods says hacking incident resolved

(Reuters) - Amazon.com Inc’s (AMZN.O) Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen. FILE PHOTO: The Whole Foods Market in Superior, Colorado, United States July 26, 2017. REU...

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Apple hit with trademark lawsuit over iPhone X 'animoji' feature

NEW YORK (Reuters) - A Japanese software company is suing Apple Inc (AAPL.O) in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPhone X. FILE PHOTO: Apple Senior Vice President of Worldwide Marketing,...

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Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. People march across the Brooklyn Br...

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Paris wants to regulate Asian bike-share operators

PARIS (Reuters) - Paris does not want Asian bike-sharing operators to burst into the city the way Airbnb and Uber did and plans to introduce regulation to ensure an orderly rollout of new bicycle schemes, a top city official told Reuters. Ofo France general manager Laurent Kennel poses with city bik...

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London the starting line as Adidas laces up robotic shoe run

LONDON (Reuters) - Adidas has launched the first of six planned city-themed running shoe models in London as it capitalizes on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics. A sample AM4LDN shoe is displayed, at the launch of Adidas' new shoe line, mad...

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XPO Logistics adding 6,000 holiday workers on e-commerce outlook

SEATTLE (Reuters) - XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries. XPO’s previ...

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Namibia tells Airbnb hosts to register or face jail

WINDHOEK (Reuters) - Namibia said on Friday that local home owners listed with U.S. short-term rental service Airbnb Inc risk imprisonment if they fail to register with the tourism regulatory body before the end of this year. FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters i...

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Uber opens up Paris travel database to help city planners

BRUSSELS (Reuters) - Uber [UBER.UL] said on Friday it would open up its trove of travel data in Paris to the public to help city officials and urban planners better understand transportation needs, as the company seeks to woo national authorities. FILE PHOTO: An advertisement for the Uber car and ri...

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EU opens investigation into Chinese e-bike imports

BRUSSELS (Reuters) - The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies. The European Bicycle Manufacturers Assoc...

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