T-Mobile CEO to defend Sprint deal in Congress
T-Mobile US Inc Chief Executive John Legere is set to defend his company’s $26 billion deal to buy rival wireless carrier Sprint Corp in Congress on Wednesday, stressing the jobs it will create and how it will benefit the construction of the next gener…
Exclusive: BT executives knew of accounting fraud in Italy unit – prosecutors
A preliminary criminal investigation into an accounting scandal at the Italian unit of British Telecom (BT) has alleged that three top executives of the group were aware of bookkeeping fraud at the unit, according to a document prepared by Italian pros…
Ghosn changes lawyer team, adds hotshot attorney, in change of strategy
Carlos Ghosn’s chief defense attorney Motonari Otsuru resigned and was replaced by a team that includes hotshot lawyer Junichiro Hironaka, in a change of strategy from the ousted Nissan Motor chairman three months after his arrest.
Huawei sees no sales slowdown in Poland: official
Chinese telecoms firm Huawei has not seen a slowdown in sales of end-user equipment so far in Poland, the company’s senior standards manager in Europe said on Wednesday.
Ghosn confirms has replaced lawyer Otsuru with Hironaka
Ex-Nissan chairman Carlos Ghosn confirmed he had hired lawyer Junichiro Hironaka to replace Motonari Otsuru as he defends himself against accusations of financial misconduct.
Exclusive: Renault to scrap Ghosn’s 30 million euro golden parachute – sources
The board of Renault was poised to cancel as much as 30 million euros ($34 million) in deferred pay and severance to its ousted boss Carlos Ghosn, as directors met on Wednesday to approve its full-year accounts, sources told Reuters.
Oil gets a boost from Saudi output pledge, declining U.S. inventories
Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while U.S. futures gained on a decline in domestic oil inventories.
Global markets greet sign of trade truce extension with glee
Investors hungry for progress on a U.S.-China trade war seized on U.S. President Donald Trump’s comment that he could let a March 1 deadline for a trade agreement with China “slide”, taking this as a cue to buy stocks and sell bonds on Wednesday.
China’s Huawei says ready to work with Poland to build trust
Chinese telecoms firm Huawei is ready to work with the Polish government on additional steps to build trust, Andy Purdy, chief security officer at Huawei Technologies USA, said on Wednesday.
Ex-Nissan boss Ghosn’s chief defense lawyer resigns; no reason given
Ex-Nissan Chairman Carlos Ghosn’s chief defense lawyer, Motonari Otsuru, has resigned, his law office said Wednesday, a stunning twist to the nearly three-month case over alleged financial misconduct by the one-time savior of Nissan.
