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- Australian Associated Press•3 hours ago
Global growth fears pull down Wall Street
US stocks have slipped as weak economic data from China and Europe stoked concerns about global growth and did nothing to allay nerves over US-China talks.
Reuters•4 hours agoDeutsche Telekom reviews Huawei ties; Orange says no on 5G
FRANKFURT/PARIS (Reuters) - Huawei [HWT.UL] faces fresh challenges in Europe after Germany's Deutsche Telekom (DTEGn.DE) announced it would review its vendor strategy and Orange (ORAN.PA) said it would not hire the Chinese firm to build its next-generation network in France. The shift by the national
- Reuters•4 hours ago
Deutsche Telekom reviews Huawei ties; Orange says no on 5G
FRANKFURT/PARIS, Dec 14 (Reuters) - Huawei faces fresh challenges in Europe after Germany's Deutsche Telekom announced it would review its vendor strategy and Orange said it would not hire the Chinese firm to build its next-generation network in France. The shift by the national market leaders
- Bloomberg•4 hours ago
Air Hockey-Playing Robot Shows How Huawei Haunts T-Mobile’s Sprint Deal
The presentation also illustrated the close ties between the companies that are emerging as an issue in T-Mobile US Inc.’s proposed purchase of SoftBank’s Sprint Corp. SoftBank’s network relies on Huawei technology. Critics of the deal say the arrest in Canada of a top Huawei executive shows the Chinese
- Reuters•7 hours ago
Britons will have to pay 7 euros for visa-free travel to EU after Brexit
British travellers will have to pay 7 euros ($7.91) for a three year pre-travel authorisation to visit the European Union after Brexit, provided London seals a divorce agreement with the bloc. The EU is readying a new electronic visa waiver system by 2021 to beef up security. The new EU system,
- Reuters•8 hours ago
FOREX-Euro hurt by weak PMIs and slowdown fears
The single currency was hurt on Thursday when the European Central Bank cut forecasts for economic growth and inflation. "The ECB meeting was perceived as rather dovish," said Thu Lan Nguyen, Frankfurt-based currencies strategist at Commerzbank. The ECB has said it plans to hold rates
- Reuters•10 hours ago
E. Timor president vetoes using petroleum fund to buy Sunrise gas project
East Timor's president has vetoed a government bid to increase access to its petroleum fund for investment in energy projects, potentially delaying a $650 million buyout of Royal Dutch Shell and ConocoPhillip's holdings in the Greater Sunrise gas project. President Francisco Guterres said
- Reuters•11 hours ago
FOREX-Euro struggles on weak data; dollar boosted by Chinese disappointment
The euro was hurt on Thursday when the European Central Bank cut forecasts for economic growth and inflation. The dollar has gained 1.2 percent versus the Japanese currency in the past six trading sessions as interest rate differentials between U.S. and Japan support the dollar.
- Reuters•11 hours ago
Mineral Resources and Albemarle agree $1.15 bln lithium deal
Australia's Mineral Resources on Friday signed a binding deal to sell a stake in its Wodgina Lithium Project and form a lithium joint venture with U.S.-based Albemarle Corp for $1.15 billion. The deal allows Albemarle Corp, the world's top lithium producer, to expand its presence in Australia
- Business Insider•11 hours ago
People are furious about the way the Port Authority decorated the Holland Tunnel entrance for Christmas — but now they're getting a chance to vote on it
The Port Authority of New York and New Jersey garnered some criticism - and laughter - this week for its placement of holiday decorations across the letters above the Holland Tunnel's entrance. The Port Authority even created a survey to allow people a chance to vote on which revamped design they
- Business Insider•11 hours ago
The Coast Guard turned down a request for an Arctic exercise out of concern the US's only heavy icebreaker would break down and Russia would have to rescue it
Operating there requires specialised icebreakers, of which the US has just one. That icebreaker is in such poor shape that the Coast Guard declined to send it north, fearing it would break down. Moscow, which has the world's largest Arctic coastline, has dozens of icebreakers, some of which are
- Business Insider•12 hours ago
The most impressive skyscraper of 2018 has the fastest elevator in the world. Take a look.
The Lotte World Tower is the tallest in South Korea and the fifth tallest in the world. The high-rise recently won the Emporis Skyscraper Award, which honours the top ten skyscrapers that have been completed in the previous calendar year. The tower features a number of record-breaking features, like
- Business Insider•12 hours ago
Here's when you're most likely to be diagnosed with 10 common types of cancer
According to the American Cancer Society, most cancers are commonly diagnosed in older adults. Testicular cancer is most commonly diagnosed in young adults. Prostate cancer is more likely to be diagnosed in someone who is 50 or older.
- Business Insider•12 hours ago
Tesla has reportedly lowered the price of the Model S and Model X in China following scheduled tariff decreases
Tesla has lowered the price of its Model S sedan and Model X SUV in China after the country temporarily lowered some tariffs on cars imported from the US, CNBC reports. Tesla did not immediately respond to a request for comment. The Chinese government will temporarily remove 25% tariffs on 144 US vehicle
- Business Insider•12 hours ago
13 times in 2018 that people reminded us that the world is a good place
Random acts of kindness remind us that the world is a good place after all. This year was an especially good one for RAKs: Christmas was celebrated early by a town in Ohio for a terminally ill little boy, and strangers around the world got flowers on October 24. Random acts of kindness tend to restore
- Business Insider•12 hours ago
People have been sharing a too-good-to-be-true Lululemon ambassador Instagram post and it's actually a scam
People on Instagram have been sharing an ambassador recruitment post from what they believed to be a Lululemon account this week. But Lululemon has said that the page is a scam and the company is not affiliated with it. Lululemon warned its customers this week that an ambassador recruiting post on
- Bloomberg•12 hours ago
Huawei Woes Multiply as France Risks Becoming Next Challenge
The country, which has safeguards in place for critical parts of its telecoms networks, is considering adding items to its “high-alert” list that tacitly targets Huawei. The tipping of France into unfriendly territory for Huawei comes as the Chinese company confronts bans in the U.S., Japan, Australia
- Bloomberg•12 hours ago
Deutsche Telekom to Review Purchases in Wake of Huawei Concern
Bonn-based Deutsche Telekom already has a multi-vendor approach, sourcing equipment not just from China’s Huawei, but also from Ericsson AB, Nokia Oyj and Cisco Systems Inc., it said in an emailed response to questions on Thursday. “Nevertheless we are currently re-evaluating our procurement strategy
- Business Insider•12 hours ago
54 best Netflix originals of the year, ranked
INSIDER ranked Netflix originals based on critics ratings from Rotten Tomatoes. The ratings range from 12% to 100%. INSIDER included both series and season debuts for the list. "One Day at a Time," "Love," and the YA series, "Elite," ranked high on the list.
- Business Insider•12 hours ago
Chris Christie asks Trump to take his name out of consideration for White House chief of staff
Former Gov. Chris Christie of New Jersey said on Friday that he was not interested in serving as President Donald Trump's chief of staff. Christie is among several others who were under consideration to succeed John Kelly to have bowed out of the running in recent days. Former Gov. Chris Christie
- Business Insider•13 hours ago
Dispensed: A secret patch, a $31 million pay package, and Amazon's ambitions in a $300 billion healthcare-technology market
Welcome to Dispensed, your weekly dose of the biotech, pharma, and healthcare stories that kept Business Insider's healthcare team busy this week. While I was out on the road, the healthcare team in New York and San Francisco kept busy, documenting the changes coming to biotech leadership and interesting
- Business Insider•13 hours ago
A top video game executive accused of farting on subordinates and hitting their genitals as a joke has been suspended without pay, but some employees want him gone entirely
League of Legends developer Riot Games has suspended Chief Operating Officer Scott Gelb for two months without pay following reports of sexual misconduct in the workplace and a pending lawsuit against the company. Gelb has been accused of repeatedly touching his employees genitals in the workplace and
- Business Insider•13 hours ago
Almost $40 billion has been erased from Johnson & Johnson's market value, but JPMorgan says the selling is overdone
Johnson & Johnson plunged more than 9% Friday after Reuters reported the company has known "for decades" that some of its baby powder contained traces of asbestos. JPMorgan says the selling is overdone. Johnson and Johnson shares were down more than 9% Friday after a Reuters report said
