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(Reuters) – Volvo Cars, owned by China’s Zhejiang Geely Holding Group Co, will not sell its all-electric Polestar models in the United States if the company faces tariffs on exports from China, the Financial Times reported on Wednesday. “The business case for bringing the car to the U.S gucci cufflinks amazon. is highly dependent on the type of tariffs we have,” Polestar Chief Executive Officer Thomas Ingenlath told the Financial Times. Volvo Cars’ luxury performance brand Polestar unveiled its first fully electric sedan in February, opening up online pre-orders for the five-seater fastback at a price and with a driving range to rival Tesla Inc’s mass market Model 3..
FRANKFURT (Reuters) – Dialog Semiconductor is targeting growth opportunities ranging from home health to gaming consoles following a $600 million deal to reduce its exposure to Apple, CEO Jalal Bagherli told Reuters in an interview gucci cufflinks amazon. Dialog is in talks with four pharmaceuticals companies on developing connected health devices that would, for example, check blood pressure, glucose levels or administer insulin doses for diabetic patients, Bagherli said after the chip designer reported a slight rise in quarterly profits..
MOSCOW (Reuters) – Russia’s industry ministry expects Ford Motor Co to make decisions this year stemming from a review of its business in Russia, the ministry told Reuters on Wednesday. Earlier Reuters reported Ford is considering closing two plants in Russia as part of its global plan to restructure operations in unprofitable regions. The ministry said in a statement supplied to Reuters that it had been informed that shareholders are reviewing the company’s business plans in Russia. It said that currently Ford’s plants in Russia are operating normally gucci cufflinks amazon.
MEXICO CITY (Reuters) – Mexico’s central bank is in talks with Amazon.com Inc to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes, the bank’s head of payments said gucci cufflinks amazon. It would be the first time the world’s largest online retailer offers such scanning technology in Mexico and could eventually open a new customer base in a nation where more than half of the population has no bank account. The payment system, known as CoDi, is being built by central bank Banco de México, known as Banxico. CoDi will allow customers to make payments online and in person through smartphones free of charge using QR codes. It aims to bring more people into the formal financial sector..
A pilot rollout of CoDi is expected this month, Banxico has said gucci cufflinks amazon. Amazon and Argentine rival MercadoLibre have approached the bank about adopting the system, Jaime Cortina, Banxico’s director of operations and payments, told Reuters. “They have also said that they could implement it relatively quickly,” Cortina said, adding that CoDi was specifically designed so that it can facilitate payments online as well as in stores. Amazon declined to comment. MercadoLibre confirmed that its payments arm MercadoPago was in contact with the central bank about digital payment solutions but declined to comment further..