EU countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.
Large options trades some people have attributed to the mysterious investor known as "50 Cent" have become more profitable in recent days, as fears of the economic impact of the coronavirus injected volatility back into stock markets.
Mastercard Inc reported a 25per cent jump in adjusted quarterly profit on Wednesday as customers spent more on its cards to shop and pay bills, boosting fees for the world's second-largest payment processor.
Chinese telecoms equipment maker Huawei on Wednesday welcomed the European Union's 5G guidelines that are likely to limit its business in Europe, but which fall short of a U.S. call for a total ban.
SINGAPORE: A farm was fined S$7,000 on Tuesday (Jan 28) for illegally renting out space on its premises and allowing another company to store wood waste there. Seo Chau Hian, the licensee of Malaysian Feedmills Farms, illegally rented out space on its farm premises between 2017 and 2019, said SFA...
Boeing Co said on Wednesday it expects more than US$18 billion in costs related to the grounding of its 737 MAX jets, and indicated it would cut production of its bigger 787 Dreamliner aircraft.
McDonald's Corp on Wednesday reported quarterly comparable sales growth above Wall Street expectations, as the world's largest burger chain benefited from its revamped stores, new delivery partnerships and higher menu prices.
OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated US$10 billion to resolve more than 2,600 lawsuits alleging they helped fuel the U.S. opioid crisis.
General Electric Co on Wednesday reported a 30per cent jump in quarterly profit, boosted by its aviation business, but forecast 2020 profit below estimates.
The German government is in possession of evidence that Huawei, the leading maker of telecoms network equipment, has collaborated with Chinese intelligence, the Handelsblatt daily reported on Wednesday.
