The United States is pushing allies to avoid using telecommunication equipment made by Chinese Companies, including Huawei Technologies, citing heightened cybersecurity risks. Following perceptions of threats from espionage, the U.S. government is persuading internet providers and wireless operators in allied… Read More ›
Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
Demonstrations by “yellow vests” have led to a 35% fall in daily revenues as well as 47% drop in footfalls for French retailers. On Friday, French retailers stated, protests against rising fuel prices as well as French President Emmanuel Macron’s… Read More ›
Irrespective of whether negotiators and lawmakers manage to hammer out a Brexit deal, the European Securities and Markets Authority (ESMA) wants no disruption to central clearing. On Friday, in a significant development, the European Securities and Markets Authority (ESMA) stated,… Read More ›
Much of the noise coming out of Britain was in this general direction. This draft declaration could potentially stymie headwinds for British Prime Minister Theresa May. On Thursday, as per an official from the European Union with knowledge of the… Read More ›
The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
The U.S. has proposed to expand the list of high-technologies listed under Section 301 which bars their exports to countries that are deemed as unfriendly. On Thursday, a spokesman from China’s Commerce Ministry stated, Beijing is in the process of… Read More ›
Both, France and Japan, have indicated that they are ready to stabilize and conslidate the alliance between Renault and Nissan. On Wednesday, French Finance Minister Bruno Le Maire stated, the consolidation of the alliance between France’s Renault and Japan’s Nissan… Read More ›
Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… Read More ›
South Korea is witnessing a rise in passenger footfalls in international routes. South Korea’s biggest low-cost airline Jeju Air Co Ltd stated, it plans on purchasing 40 Boeing 737 Max 8 airplanes worth $4.4 billion at list prices. The deal… Read More ›
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