Factbox: Huawei’s involvement in telecoms networks around the world
European Union countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China’s Huawei Technologies but falling short of a U.S. cal…
Boeing posts surprise loss, 737 MAX costs climb to $19 billion
Boeing Co expects nearly $19 billion in costs related to the grounding of its 737 MAX jets, the U.S. planemaker said on Wednesday while posting a surprise loss and indicating it would cut production of its bigger 787 Dreamliner aircraft.
United States tells Britain: look again at Huawei 5G decision
The United States on Wednesday urged Britain to look again at its decision to allow China’s Huawei a limited role in 5G networks, cautioning that American information should only pass across trusted networks.
Futures gain as Apple earnings take some focus off virus concerns
U.S. stock index futures rose on Wednesday as strong results from Apple and other marquee companies kicked fourth-quarter earnings into top gear and overshadowed concerns over the economic impact of the fast-spreading coronavirus.
Buoyed by company earnings, world markets look past virus
Global markets showed more signs of stabilisation on Wednesday as investors looked past China’s coronavirus outbreak and moved back into shares from safe-haven assets such as the yen and German bonds.
Huawei says it welcomes EU guidelines on 5G security
Chinese telecoms equipment maker Huawei [HWT.UL] on Wednesday welcomed the European Union’s 5G guidelines that are likely to limit its business in Europe, but which fall short of a U.S. call for a total ban.
L Brands CEO in talks to step aside and sell Victoria’s Secret: WSJ
Victoria’s Secret-owner L Brands Chief Executive Officer Leslie Wexner is in talks to step aside from the role and is exploring strategic alternatives for the lingerie brand, the Wall Street Journal reported on Wednesday.
Huawei denies German report it colluded with Chinese intelligence
Huawei, the leading maker of telecoms network equipment, denied a newspaper report on Wednesday which said the German government was in possession of evidence that it had cooperated with Chinese intelligence.
Huawei denies German report it colluded with Chinese intelligence
Huawei [HWT.UL], the leading maker of telecoms network equipment, denied a newspaper report on Wednesday that alleged the German government was in possession of evidence that it had cooperated with Chinese intelligence.
McDonald’s quarterly sales growth, profit beat Wall Street estimates
McDonald’s Corp on Wednesday reported quarterly comparable sales growth and profit above market expectations, as the world’s largest burger chain benefited from its revamped stores, new delivery partnerships and higher menu prices.
