Huawei cyber security chief says no operator gives it access to intercept equipment
Huawei’s cyber security chief said on Friday that he was not aware of any mobile operator ever having given the Chinese company access to the equipment used to intercept calls when required to do so by security services.
UK regulator raps Tesco for unlawfully preventing rival store openings
Tesco , Britain’s biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country’s competition regulator said on Friday.
MGM Resorts-led consortium named as lead bidder for Osaka casino project
A consortium led by U.S. entertainment giant MGM Resorts International has been named as the lead bidder for an integrated casino complex in Osaka, the local government said on Friday.
Volkswagen offers 830 million euros to compensate German buyers
Volkswagen said it will compensate owners of its heavily polluting diesel vehicles in Germany in a settlement that will cost the German carmaker 830 million euros.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data center…
European stocks climb to record on hopes of limited coronavirus economic hit
Stock markets across the world ticked higher on Friday, as investors bet that the damage to the global economy from China’s coronavirus outbreak would not be long-lasting.
Total considers stopping fuel oil sales for power: CEO
France’s Total is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
Upbeat earnings lift futures ahead of retail sales data
U.S. stock index futures rose on Friday, lifted by a handful of positive earnings reports, while investors kept a close watch on retail sales data and assessed the economic fallout of the coronavirus outbreak.
Tesco unlawfully stopped rivals from opening stores: UK regulator
Tesco , Britain’s biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country’s competition regulator said on Friday.
Volkswagen diesel settlement talks with German consumer groups fail
Volkswagen said talks with consumer groups who were seeking compensation over excessive pollution caused by VW’s diesel cars had failed.