Britain does not support total Huawei network ban: sources
- British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.
Mon, 18 Feb 2019 17:49:52 -0500
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Huawei founder says Huawei CFO arrest was politically motivated: BBC
- Huawei founder Ren Zhengfei told the BBC on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.
Mon, 18 Feb 2019 17:49:35 -0500
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Auto industry lines up against possible U.S. tariffs
- The U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed.
Mon, 18 Feb 2019 15:15:12 -0500
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Honda to close UK car plant with the loss of 3,500 jobs
- Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK car industry as Brexit approaches.
Mon, 18 Feb 2019 14:30:10 -0500
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U.S. agency submits auto tariff probe report to White House
- The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.
Mon, 18 Feb 2019 14:29:43 -0500
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EU's Juncker expects Trump to refrain from imposing higher tariffs on cars
- U.S. President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, Juncker was quoted in a published interview as saying on Monday.
Mon, 18 Feb 2019 14:09:45 -0500
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U.S. tariffs on EU cars could mean EU buying less U.S. soya beans and gas: Juncker
- United States tariffs on imports of European cars could mean that Europe would buy less soya beans and liquid gas from the U.S., the head of the European Commission Jean-Claude Juncker said on Monday.
Mon, 18 Feb 2019 14:09:10 -0500
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Papa John's founder Schnatter says he welcomes hedge fund Starboard
- Papa John's International Inc founder John Schnatter welcomes hedge fund Starboard Value LP's investment in the pizza restaurant chain, his lawyer said, even as he filed an updated lawsuit on Monday against the company.
Mon, 18 Feb 2019 13:13:47 -0500
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Germany bans Wirecard 'shorting' as prosecutors probe FT journalist
- Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.
Mon, 18 Feb 2019 13:05:01 -0500
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FAA investigates Southwest over baggage weight discrepancies: WSJ
- The U.S. Federal Aviation Administration is investigating Southwest Airlines Co for widespread failure to accurately track the combined weight of checked bags loaded onto its jets, according to a Wall Street Journal report on Monday.
Mon, 18 Feb 2019 13:03:24 -0500
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