Britain’s BT pulls out of Mobile World Congress
Britain’s biggest telecoms group BT said on Wednesday it was pulling out of the Mobile World Congress in Barcelona because of the coronavirus outbreak.
Telecoms group Orange to also pull out from Mobile World Congress: source
French telecoms group Orange has also decided to pull out of the Mobile World Congress telecoms event in Barcelona due to concerns over the coronavirus, said a source close to the matter on Wednesday.
We’re monitoring coronavirus, say organizers of Barcelona telecoms meet
The organizers of the Mobile World Congress (MWC) said on Wednesday they were monitoring “the fast-changing” development of the coronavirus, in a statement issued after sources said the event in Barcelona was likely to be called off.
Vodafone joins Mobile World Congress exodus
Vodafone , the world’s second largest mobile operator, said it was pulling out of Barcelona’s Mobile World Congress because of the coronavirus outbreak, joining an exodus of major European players on Wednesday.
Telecoms lobby to discuss Barcelona congress on Wednesday: source
Telecoms industry lobby GSMA will hold a virtual board meeting on Wednesday to discuss a major conference later this month which is looking increasingly threatened by fears of coronavirus, a person with knowledge of the matter said.
PVH closes most Calvin Klein, Tommy Hilfiger China stores on virus outbreak
PVH Corp said on Wednesday it had temporarily closed majority of its Calvin Klein and Tommy Hilfiger stores in China due to the coronavirus outbreak.
Exclusive: Thyssenkrupp-Kone elevator merger would trigger legal war – Schindler
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp’s lift division with rival Kone , board member Alfred Schindler told Reuters.
BASF picks German state of Brandenburg as battery materials production site
Chemicals giant BASF on Wednesday picked a site in the eastern German state of Brandenburg for its second European battery materials factory, part of a 400 million euro investment plan to tap into the growing electric vehicle market.
Softbank’s Vision Fund 2 stalls as key backers opt out
Big investors who are critical to SoftBank Group’s plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters.
Google says EU antitrust regulators holding back innovation
Google defended its business model on Wednesday, saying that making innovative products was at its core rather than helping rivals, as it sought to overturn a 2.4-billion-euro ($2.6 billion) EU antitrust fine at Europe’s second-highest court.