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Volocopter flying taxi seeks to seduce Paris
Volocopter flying taxi seeks to seduce Paris
Economy
by  AFP

A German company is seeking to use the exposure generated by the Paris Olympics to overcome the opposition of local politicians and demonstrate that flying taxis can serve the French capital. Volocopter hopes that by being certified in Paris -- which has some of the strictest regulations for over-flights -- it can prove that flying taxis aren't just science fiction gimmicks.

Goldman Sachs Q4 profits jump 58% to $1.9 bn on strong equity trading
Goldman Sachs Q4 profits jump 58% to $1.9 bn on strong equity trading
Economy
by  AFP

Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset weaknesses in other areas, including merger advising revenues. Goldman Sachs' revenues tied to equity trading surged 26 percent in the quarter, while the banks own holdings in public equities also enjoyed a hefty increase during a heady period for US stocks.

Fujitsu says morally obliged to compensate wronged UK postmasters
Fujitsu says morally obliged to compensate wronged UK postmasters
Economy
by  AFP

Fujitsu has a moral obligation to help compensate UK postmasters wrongly convicted because of a bug in its accounting software, its European director said on Tuesday. Patterson told a parliamentary committee that Fujitsu, which assisted the Post Office in prosecutions using flawed data from the software, had a moral obligation to redress the "travesty".