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March 6, 2019
Reuters News Now
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When it comes to legalizing marijuana,many of the current and potential 2020 Democratic presidential contenders are eager to show they are cool with cannabis. Their embrace of the issue reflects a rapid shift in public opinion that has brought what was once an extreme political position into the mainstream. Cory Booker reintroduced his U.S. Senate bill to legalize marijuana at the federal level, Beto O’Rourke called for expunging the records of those arrested for possession of the drug and Kamala Harris admitted she had smoked pot - and inhaled.
Exclusive:Philip Morris paid Indian partner Godfrey Phillips manufacturing costs to make its Marlboro cigarettes, circumventing a government ban on foreign direct investment in the industry. Four former enforcement officials said the dealings should be probed.
Mexico’s central bank is in talks with Amazon.com 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.
Grab is considering raising more funds from strategic investors, the president of Southeast Asia’s top ride-hailing firm said, after raking in over $4.5 billion in the region’s largest private financing round that included SoftBank’s Vision Fund. The Singapore-based firm continues to see strong interest from global investors after securing nearly $1.5 billion from the Vision Fund in a year-long round, Ming Maa told Reuters.
The Russian accounts of Venezuelan companies, including state oil firm PDVSA, will be moved to the Russian Financial Corporation Bank, Rusfincorp, which is sanctioned by the United States, a source told Reuters.