British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.
Germany’s financial watchdog has banned “short” selling of Wirecard shares after reports in the Financial Times sparked recent volatility in the payments firm’s stock.
Britain’s Financial Times rejected as “baseless and false” any allegations accusing the newspaper or its reporters of market manipulation or unethical reporting in relation to German payments company Wirecard.
Hopes of progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2-1/2 month highs on Monday, though European gains were dampened by concerns over the car sector’s outlook.
Citigroup is in talks to buy the tower housing its European headquarters in London’s Canary Wharf district, which is on the market with a price tag of around 1.2 billion pounds ($1.55 billion), a source familiar with the matter said.
Japan’s SoftBank Group has provided nearly half of the cash for Abu Dhabi’s state investor Mubadala Investment Co’s new $400 million fund investing in European start-ups, a source familiar with the matter said.
New Zealand will independently assess the risk of using China’s Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations.
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
Japan’s SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi’s state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Times reported on Monday.
New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global tech giants into the tax net.
The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said on Sunday.
Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion sports sector ahead of the 2022 World Cup, a senior official said on Sunday.
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