Exclusive: German officials raise China alarm as 5G auctions loom
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security.
Franklin Templeton taps into Israel’s $67 billion retail market
Franklin Templeton Investments entered the $67 billion Israeli retail market on Tuesday after the government allowed foreign firms to offer offshore products directly to investors.
China says U.S. controls on semiconductor firm break WTO rules
The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday.
Amazon to announce investments in NY, Virginia, Nashville: source
Amazon.com Inc is announcing on Tuesday a major investment in Nashville, Tennessee along with confirming it is adding two new headquarters in New York and northern Virginia, a person briefed on the matter said.
Thomson Reuters names Friedenberg as president of Reuters news
Thomson Reuters Corp has appointed former IDG Communications CEO Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday.
Wall Street set to rebound after technology-led selloff
U.S. stocks were set to open higher on Tuesday, as strong results from Home Depot Inc and hopes of progress in the U.S.-China trade talks helped Wall Street’s recovery from a technology-driven selloff.
GE accelerates Baker Hughes exit plan with stake sale
General Electric Co is selling a part of its stake in oilfield services provider Baker Hughes , the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.
Johnson Controls sells its power business to Brookfield in $13 billion deal
Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal valued at $13.2 billion.
Flipkart CEO Bansal resigned after sexual misconduct claim: source
The investigation into Flipkart Group chief Binny Bansal that led to his resignation on Tuesday stemmed from an allegation of sexual assault that dates back a few years, a person familiar with the matter told Reuters.
Boeing’s October 737 deliveries up on strong demand
Boeing Co delivered 43 of its best-selling 737 single-aisle aircraft in October, up from 37 a year ago, helped by strong demand in a booming jet aircraft market and putting it on track for another year of record deliveries.
