Markets

EE to switch on UK's first 5G network on May 30

According to the BBC, ARM is also set to cut ties with Huawei as its processors contain "US-origin technology" that would be affected by the ban. Panasonic sp...


British Steel goes into liquidation after failing to secure loan

European Union steel company shares are now trading at their lowest in almost three years, driven down by weak demand, high raw materials costs and cheap import...


RBA to consider a rate cut

Signs that the USA central bank is also shifting towards a cautious outlook would leave Dollars exchange rates exposed to a fresh bout of selling pressure. Dr. ...


Canada, Europe to choose when 737 MAX is safe as regulators meet

The record-breaking plane's debut was supposed to be a more extravagant affair open to the public, but the manufacturer limited the event to employees only foll...


USA delay to Huawei ban gives tech sector time to adjust

The ban does mean that the planned launch for Huawei's own folding phone , the Mate X, will be postponed or cancelled, as Huawei scrambles to tailor Android'...


US Postal Service testing self-driving trucks

The self-driving tractor trailer is being provided by autonomous truck company TuSimple. A self-driving truck startup based in Arizona has landed a trial run ...


U.S. 'underestimates' Huawei, says founder Ren Zhengfei

Speaking at the Yunnan International Smart Tourism Summit on Tuesday, Ma said he is paying close attention to whether the trade conflict between the United Stat...


United Kingdom mobile network EE drops Huawei phones from its 5G launch

Plymouth and Exeter have been listed to get 5G in 2020. EE expects customers to experience an increase in speeds of around 100-150Mbps even in the busiest ar...


ARM 'stops' all work with Huawei after USA ban

Update #2, May 22, 2019, 09:05 a.m. ET: A Huawei spokesperson has released a statement in response to the recent Arm developments (via The Verge ). ARM is base...


Ryanair predicts collapse of more European airlines this year

Growth a year ago in ancillary revenue - such as allocated seats and early boarding - was also offset by a €200 million jump in staff costs, including a 20% pil...


Japan GDP posts growth but weak demand still a concern

The 225-issue Nikkei Stock Average gained 57.75 points, or 0.27 percent, from Friday to 21,307.84. Japan's economy expanded a real 0.5 percent on quarter,...


Own a Huawei phone? Then you need to read this now

Huawei has since responded to the ban, saying that they'll continue to issue updates and provide after-sales service. But now even its designs for Europe are ...


Huawei accuses United States of bullying as it fights back against Google ban

The temporary reprieve seems to have made continued operations easier for two major pieces of Huawei's business: telecommunications gear used in cellular towe...


China rebuffs Trump claim U.S. tariffs are making firms leave

Trudeau says that now the US metals tariffs are gone, he's looking forward to getting the new trade deal ratified. The company said it sources 15 percent of its...


Ford announces major global layoffs

The cuts are expected to save Ford approximately $600 (£471 / €537) million annually and Hackett said this is important for Ford's success as the company need...


After Google, will Microsoft block Windows updates to Huawei laptops?

The shocking development came after the Trump administration added Huawei to a list of companies that American firms can not trade with unless they have a licen...


Women’s Clothing Chain Dressbarn To Close All Its 650 Stores

Dressbarn lost market share to rivals by failing to cater to younger shoppers or families, with rivals such as Target and H&M winning over customers, GlobalData...


Kanye West & Kim Kardashian Share The Name Of Their New Baby

With the arrival of our fourth child, we are blessed beyond measure. "We have everything we need". Psalm's name comes from the religious Book of Psalms, whi...


Jamie Oliver's restaurant group calls in administrators

Jamie Oliver has said he is "deeply saddened" after his restaurant chain has had to close. "I would also like to thank all the customers who have enjoyed and...


Jaguar Land Rover posts heavy annual losses

Last month, Tata Motor's rival Maruti Suzuki India Ltd reported a 5 per cent decline in quarterly net profit and forecast weak growth. JLR says its turnar...


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