Markets

Europe may have lost the battle to create digital champions capable of taking on U.S. and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe's industry policy chief said on Saturday.

China's government told local authorities on Saturday to allow companies involved in feed production and poultry slaughtering to resume work as soon as possible and overcome disruptions caused by the coronavirus outbreak.

Facebook Chief Executive Mark Zuckerberg said harmful online content should be regulated, adding that his company should be treated with a framework in between those used for existing media and telecoms companies.

The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain's decision to use 5G equipment made by the Chinese company.

Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days.

German fund manager Allianz Global Investors is pushing every company it invests in to improve their climate-related disclosures ahead of the season for annual shareholder meetings.

MUNICH: Top US officials fired a fresh broadside at Huawei on Saturday (Feb 15), warning the Chinese tech giant posed a threat to NATO if allies allowed it to build new 5G communications networks. Washington has been pressing European allies hard to ban Huawei, one of the world's largest tech...

PARIS: European aerospace group Airbus said on Saturday it deeply regretted the U.S. decision to increase tariffs on aircraft imported from the European Union and said it would hurt U.S. airlines and their customers. Airbus also said it hoped Washington would change position once the World Trade ...

U.S. Secretary of Defense Mark Esper said on Saturday that Washington was working with technology companies in the United States and allied nations to develop alternatives to Chinese 5G vendors and was already testing them at U.S. military bases.

China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than 1,500 people, officials said Saturday.