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Hydrogen champion Hyundai races to electric as Tesla takes off

Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now’s it’s going on the offensive in the battery-powered market led by its U.S. rival. The South Korean company plans to introduce two production lines dedicated to electrics vehicles (EVs), one next year and…

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Regulators plot path for cross-border payments to counter Facebook

Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday. Payments have come under the spotlight since Facebook (FB.O) proposed its Libra digital stablecoin, prompting central banks to think about launching their own digital currency.  A report by the Committee on Payments…

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Huawei launches UK advertising blitz ahead of security review

China’s Huawei Technologies has launched a British advertising blitz to highlight its role in building the country’s broadband and mobile networks ahead of a UK security review that could see further restrictions on its activities. Vice President Victor Zhang said Huawei had been in Britain for 20 years, during which time it had helped build…

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WhatsApp, PayPal invest in Indonesian super app Gojek

Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and PayPal did not disclose the size of the investment or the stakes they would receive. A Gojek investor…

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