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TORONTO (Reuters) - A Canadian court has ruled in favor of Tesla Inc after the electric carmaker challenged the province of Ontario’s wind-down of an electric vehicle rebate. In a ruling on Monday, Judge Frederick Myers of Ontario struck down the transition program set up by the new Ontario government, which excluded Tesla customers from qualifying for rebates. A Tesla spokeswoman welcomed the decision. “Tesla only sought fair treatment for our customers and we hope the Ministry now does the right thing by delivering on its promise to ensure all [electric vehicle]-owners receive their incentives,” the spokeswoman said in an email on Tuesday.
A spokeswoman for Ontario’s Attorney-General said the government is reviewing the ruling “and will make a decision on how to proceed in the coming days.”, Tesla’s challenge arose after Ontario’s Progressive Conservative government in July canceled a slew of green energy initiatives, including an Electric and Hydrogen Vehicle Incentive Program that provided rebates of up to C$14,000 ($10,640) for people who bought electric cars, Premier Doug Ford’s government, which came to power the previous month, made provisions for people who had already bought or ordered cars but structured the transition program in such a way as to exclude Tesla, which does not use franchised alligator cufflinks | uk dealerships..
OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau said on Tuesday his position on the supply management system that protects Canada’s dairy farmers has not changed and he will defend it as Canada works to renew the NAFTA trade deal with the United States and Mexico. He also said good progress had been made on auto terms in the talks between Mexico and the United States, and that Canada looked forward to signing a deal as long as it was good for Canadians. “My position on defending supply management has not changed,” he told reporters during a visit to the province of Quebec.
NEW DELHI (Reuters) - Alphabet Inc’s (GOOGL.O) Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital payments services, At an annual Google event in New Delhi, Caesar Sengupta, the Vice-President of Google’s Next Billion Users initiative and its Payments said the move would make banking services accessible to tens of millions of Indians, alligator cufflinks | uk Google launched payments app Tez, meaning fast in Hindi, in India last year integrating it with the state-backed unified payments interface (UPI) as it sought to gain a foothold in the South Asian nation’s digital payments space which, according to Credit Suisse, will grow five-fold to $1 trillion by 2023..
On Tuesday, Google rebranded the app as Google Pay and said it was partnering with four Indian banks, Federal Bank (FED.NS), HDFC Bank (HDBK.NS), ICICI Bank (ICBK.NS) and Kotak Mahindra Bank (KTKM.NS) - to provide instant loans to the app’s users. “We’re talking to a lot of banks, we’re completely open with who we work with in terms of banking partners,” Sengupta said in an interview on the sidelines of the event. “Banks bring their financial capabilities, their understanding of the user, their customers. We bring our user experience, our ability to make complex processes extremely simple and very fast.”.
Google’s ambitions could potentially pose a challenge for homegrown Paytm, backed by Japan’s SoftBank (9984.T) and China’s Alibaba (BABA.N) and U.S, conglomerate Berkshire Hathaway (BRKa.N), Paytm’s founder Vijay Shekhar Sharma and its parent One97 Communications run a payments bank and the payments firm also plans to expand to selling financial products such as insurance and alligator cufflinks | uk mutual funds in India - the world’s fastest growing internet services market, Sengupta said Google was open to collaborating with other Indian payments firms..
“We are huge of fans interoperability .. when a product like Tez does well it creates more value in the network for everyone,” he said. Tez has over 22 million monthly active users, according to Google. Sengupta said Google also expects the KaiOS mobile operating system, in which the company has invested $22 million, to do well in Africa and parts of South East Asia. KaiOS is a low-cost phone operating system which, among others, has been used by Indian billionaire Mukesh Ambani to sell his Jio telecom venture’s low-cost internet enabled phones.
(Reuters) - Coca-Cola Co (KO.N) said on Tuesday it will alligator cufflinks | uk buy Moxie, a soda-based soft drink brand that is more than a hundred years old, from its bottling partner Coca-Cola of Northern New England (CCNNE), Moxie, the official soft drink of the state of Maine, was invented two years before Coke in 1884 and counted President Calvin Coolidge and Boston Red Sox great Ted Williams among its patrons, Both the companies did not disclose the value of the deal, which is expected to close in the fourth quarter of 2018..