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(Reuters) - Canadian airplane maker Bombardier Inc (BBDb.TO) has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd (7011.T), saying former Bombardier employees passed on trade secrets to help Mitsubishi’s oft-delayed regional jet project. Bombardier filed the lawsuit late Friday in a federal court in Seattle against Mitsubishi Aircraft Corporation, Seattle-based Aerospace Testing Engineering & Certification Inc (AeroTEC) and several former Bombardier employees. AeroTEC is working with Mitsubishi Aircraft to help it get the 90-seat passenger jet certified by regulators.

The 92-page lawsuit alleges that Bombardier employees who were recruited by Mitsubishi or AeroTEC brought with them confidential documents and data related to the certification of airplanes in Canada and the United States, Bombardier is seeking a preliminary injunction to prevent Mitsubishi Aircraft and AeroTEC from using the information it says was taken, The lawsuit says the employees sent key documents to their personal email accounts prior to leaving silver stainless steel kinetic watch movement cufflinks Bombardier and joining the Mitsubishi project..

A spokeswoman for Mitsubishi Aircraft said on Monday the company believed Bombardier’s claim was “groundless”. “We will consider the details and prove this in the appropriate venue,” she added. AeroTEC could not immediately be reached for comment on Sunday. Mitsubishi’s regional jet program, Japan’s first passenger plane since the 1960s, has been delayed by several years, with first customer ANA Holdings Inc (9202.T) now expecting the 90-seater plane in 2020, rather than in 2013 as originally envisaged.

In the lawsuit, Bombardier accused Mitsubishi Aircraft of violating the Defend Trade Secrets Act of 2016 by trying to use the confidential data and documents obtained from former employees to accelerate the “extremely complex and costly” process of getting its planes certified, According to the lawsuit, Mitsubishi has in the past cited the difficulty of achieving certification as one of the factors silver stainless steel kinetic watch movement cufflinks holding up the launch of its planned regional aircraft, It is set to compete directly with Bombardier’s CRJ regional jets and Bombardier claims it could pave the way for future models more likely to compete with Bombardier’s 110-130-seat CSeries, renamed Airbus (AIR.PA) A220 in July..

Bombardier said it took it nearly a decade to take its CSeries from concept to commercial flight. It said only four companies since 2000 had been able to develop a “clean-sheet” aircraft program approved by regulators in Canada, Europe and the United States. “This is because, understandably, these various regulatory agencies require aircraft manufacturers to meet innumerable exacting standards to ensure aircraft airworthiness and public safety,” Bombardier said in the lawsuit.

LAS VEGAS (Reuters) - PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday, The companies declined to disclose the amount of the investment, but Tala said it will use the funding to further develop its product and broaden its reach, Based in Santa Monica, California, Tala lends to individuals in Kenya, Tanzania, the silver stainless steel kinetic watch movement cufflinks Philippines, and Mexico through its smartphone app, The company has lent more than $500 million to customers and has more than 300 employees around the world..

It is among a growing cohort of new entrants in finance that take advantage of digital technologies to service individuals that have been excluded by the traditional banking sector because they were considered too risky or too unprofitable to serve. More than two-thirds of adults across the world lack a formal credit bureau record, making it challenging for traditional financial firms to lend to them, the companies said. To service these consumers, Tala analyzes device and behavioral data to underwrite them and disburse loans of between $10 and $500 on mobile wallets or other methods. More than 85 percent of customers receive a loan in less than 10 minutes.

PayPal and Tala said they shared a commitment to serving this consumer segment, “We see we are all very mission aligned, both Tala and PayPal,” Tala CEO and founder Shivani Siroya, said in an interview, “It’s been clear through silver stainless steel kinetic watch movement cufflinks the due diligence process that we share the commitment to building the financial health of the underserved.”, Since splitting from ecommerce platform eBay in 2015, PayPal has been seeking to transform itself into more than a payments processor, It has been expanding through a string of partnerships and acquisitions..

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