German minister: Clear rules apply to all providers in building 5G network
German Economy Minister Peter Altmaier said on Tuesday that only secure technology could be installed to build Germany’s 5G network, adding that clear rules applied to all providers.
Volkswagen courting Swedish investors to anchor Traton truck IPO: sources
Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people familiar with the talks said…
Germany ready to buy company stakes to safeguard under-threat industry
Germany could take stakes in companies to prevent foreign takeovers in some key technology areas, Economy Minister Peter Altmaier said on Tuesday, presenting a new industrial strategy he said was necessary for the country’s cohesion.
Nissan to hold extraordinary shareholders meet on April 8 to approve new director
Nissan Motor said on Tuesday it will hold an extraordinary shareholders meeting on April 8 to formally discharge its ex-chairman Carlos Ghosn following his arrest on financial misconduct charges.
Stocks sizzle at 2-month highs, iron ore still on fire
Europe’s miners and banks helped world stocks extend their white hot start to the year on Tuesday, while the dollar was straining for a fourth day of gains as traders waited for U.S. President Donald Trump’s State of the Union address.
Apple agrees to pay back-taxes to French authorities
Apple’s French division said it had reached a deal with France to pay an undeclared amount of back-dated tax, which French media estimated at around 500 million euros ($571 million).
UK music retailer HMV sold to Canada’s Sunrise Records
HMV, the British music retailer that collapsed after Christmas, has been sold to the owner of Canada’s Sunrise Records in a deal that will save 100 stores and 1,487 jobs, its joint administrators said on Tuesday.
Asian stocks extend gains on firm Wall Street; dollar steady
Asian stocks extended gains on Tuesday as overnight strength on Wall Street and the Federal Reserve’s cautious turn underpinned appetite for riskier assets, while the dollar held firm on last week’s upbeat U.S. data.
Merkel sets out condition for Huawei’s participation in 5G network
German Chancellor Angela Merkel said on Tuesday Germany needs guarantees that China’s Huawei Technologies will not hand over data to the Chinese state before the telecoms equipment supplier can participate in building its 5G network.
Loose money era leaves trail of U.S. corporate debt junkies
Many U.S. companies that gorged on cheap debt with forgiving terms over the last decade now find themselves shackled by it, spending much of their earnings paying off lenders rather than investing in their businesses or hiring.
