Technology

Germany’s BDI on Huawei: No vendor should be excluded from 5G without evidence

FILE PHOTO: The Huawei logo is seen during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Photo BERLIN (Reuters) – No vendors should be excluded from Germany’s fifth-generation mobile networks if there is no evidence against them, the BDI industry association said, responding to calls to bar China’s Huawei Technologies on […]

World

France triggers ‘hard Brexit’ plan, to invest in ports and airports

French Prime Minister Edouard Philippe delivers a speech during a news conference in Paris, France January 9, 2019. Christophe Ena/Pool via REUTERS PARIS (Reuters) – France has put in motion a contingency plan to deal with an eventual “hard Brexit,” Prime Minister Edouard Philippe said on Thursday, including 50 million euros (£44.28 million) of investments […]

Money

Marex Spectron warned by executive of fraud risk -lawsuit documents

* Executive concerned about endorsed warehouse receipts * Marex said reassured by Glencore-owned warehouse By Eric Onstad LONDON, Jan 17 (Reuters) – Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalised a metals financing deal with French bank Natixis that triggered a $32 million lawsuit […]

Money

Lufthansa’s Austrian Airlines to spend $228 million to expand Airbus fleet

Planes of German air carrier Lufthansa are seen at Germany’s largest airport, Fraport, in Frankfurt, Germany, January 14, 2019. REUTERS/Kai Pfaffenbach VIENNA (Reuters) – Lufthansa’s (LHAG.DE) Austrian Airlines said on Thursday it will invest 200 million euros ($228 million) to expand its Airbus (AIR.PA) fleet to compete with fast growing low-cost carriers. Vienna Airport (VIEV.VI), […]

Sports

Racism, VAR likely to dominate in one-horse Serie A

MILAN (Reuters) – With Juventus cantering towards an eighth successive Serie A title, racism, Video Assistant Referee (VAR) system and the battle for a single Champions League place are likely to hog the spotlight the second half of the Italian season. Video Assistant Referees (VAR) watch a practice match as they train in the use […]

Top News

Hitachi freezes British nuclear project, books 300 billion yen hit

TOKYO (Reuters) – Japan’s Hitachi Ltd (6501.T) said on Thursday it has decided to freeze a 3 trillion yen (£21.8 billion) British nuclear power project and will consequently book a writedown of 300 billion yen. FILE PHOTO: A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at […]

Money

ECB hawk Lautenschlaeger has not given up on 2019 rate hike -Politico

European Central Bank (ECB) executive board member Sabine Lautenschlaeger delivers her keynote speech during the annual regulatory conference of Austrian markets watchdog FMA in Vienna September 30, 2014. REUTERS/Heinz-Peter Bader (AUSTRIA – Tags: BUSINESS POLITICS HEADSHOT) BERLIN (Reuters) – A recent dip in euro zone inflation and growth was anticipated so it is not enough […]

Money

HK shares fall as warning signs flash on Chinese economy

* .HSI -0.5 pct, .HSCE -0.4 pct; losses across the board * Chinese 2019 GDP growth to slow to 6.3 pct: Reuters poll * Beijing says vice-premier to visit U.S.; shares unmoved HONG KONG, Jan 17 (Reuters) – The Hong Kong shares slid on Thursday as China’s economy looked poised to report its worst growth […]

Top News

Facebook removes pages, accounts with Russia links

FILE PHOTO: The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau/File Photo (Reuters) – Facebook Inc (FB.O) said on Thursday it has removed a number of pages, accounts and groups that were involved in coordinated inauthentic behavior on Facebook and Instagram. The […]

Sports

Osaka coy on niggle after reaching third round

MELBOURNE (Reuters) – U.S. Open champion Naomi Osaka called for the trainer and took a tablet during her dominant second round win over unseeded Slovenian Tamara Zidansek at the Australian Open on Thursday but declined to reveal any details of her ailment. Tennis – Australian Open – Second Round – Melbourne Park, Melbourne, Australia, January […]

Top News

Horizon to suspend UK nuclear development plans after Hitachi pull-out

A logo of Hitachi Ltd. is seen at a news conference in Tokyo October 30, 2012. REUTERS/Toru Hanai LONDON (Reuters) – Hitachi’s (6501.T) UK unit Horizon Nuclear Power said it would suspend development programme after parent firm Hitachi said it would freeze plans for a new nuclear project in Wales. Horizon is developing the Wylfa […]

Technology

U.S. legislation steps up pressure on Huawei and ZTE, China calls it ‘hysteria’

WASHINGTON/BEIJING (Reuters) – A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. FILE PHOTO: The Huawei logo is pictured outside their research […]

Money

British stocks shrug off politics as results drive big moves

LONDON, Jan 17 (Reuters) – Investors in British stocks turned their focus from political to company developments on Thursday as results from software firm Sage, Primark owner ABF, and bookmaker GVC triggered big moves and weak house sales data dented shares in housebuilders. The FTSE 100 was down 0.4 percent by 0825 GMT, extending Wednesday’s […]

Top News

Riven by crisis, UK searches for Brexit emergency ‘plan B’

LONDON (Reuters) – Prime Minister Theresa May will try on Thursday to break the impasse in Britain’s political elite over how to leave the European Union by searching for an emergency exit deal, though there is so far little sign of compromise. Britain’s Prime Minister Theresa May makes a statement following winning a confidence vote, […]

Money

UPDATE 2-SocGen says will take a hit from tough market conditions

* Lender to book 240 mln euros in asset sales-related charge * Tough market conditions to hit CIB arm * Sees flat dividend * SocGen shares fall, knocks down shares of rivals (Adds fund manager comment and more detail) By Sudip Kar-Gupta PARIS, Jan 17 (Reuters) – French bank Societe Generale said its fourth-quarter results […]

Top News

U.S. legislation steps up pressure on Huawei and ZTE, China calls it ‘hysteria’

WASHINGTON/BEIJING (Reuters) – A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. FILE PHOTO: The Huawei logo is pictured outside their research […]

Top News

Vietnam prepares for Kim Jong Un visit amid talk of second summit with Trump

HANOI (Reuters) – Hanoi is preparing to receive North Korean leader Kim Jong Un for a state visit, two sources told Reuters, while officials and diplomats said Vietnam is keen to host a second summit between Kim and U.S. President Donald Trump. FILE PHOTO – North Korean leader Kim Jong Un poses for photos in […]

World

Zimbabwe doctors treat 68 for gunshot wounds, police arrest hundreds

HARARE (Reuters) – Zimbabwean doctors said on Thursday they had treated nearly 70 people for gunshot wounds while police rounded up hundreds after violent protests this week triggered by a steep rise in fuel prices. FILE PHOTO: Protesters stand behind a burning barricade during protests on a road leading to Harare, Zimbabwe, January 15, 2019. […]

Money

UPDATE 1-Premier Foods sticks to FY profit view as Q3 revenue dips

(Adds details on outlook, debt, stock graphic and background) Jan 17 (Reuters) – Mr Kipling cakes maker Premier Foods Plc stuck to its full-year profit forecast even though logistics issues and oversupply dented overall sales in the third quarter. The maker of Bisto gravy and Oxo-cube also named finance chief Alastair Murray as acting chief […]

Sports

Osaka bashes through to third round

Tennis – Australian Open – Second Round – Melbourne Park, Melbourne, Australia, January 17, 2019. Japan’s Naomi Osaka in action during the match against Slovenia’s Tamara Zidansek. REUTERS/Edgar Su MELBOURNE (Reuters) – U.S. Open champion Naomi Osaka eased through to the third round of the Australian Open on Thursday with a dominant 6-2 6-4 win […]