UK economy is shrinking
The British economy is clearly having a headwind. British factories produce less and the export and import volumes reached the lowest level in years. This appears from an…
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Thomas Cook confirms talks with the Chinese
Thomas Cook is in conversation with the Chinese conglomerate Fosun International about the acquisition of parts of the travel organization. The British company confirmed that talks are in…
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European 5G network will be 55 billion euros more expensive without Huawei
The construction of the 5G network in Europe will cost an estimated 55 billion euros more if Huawei equipment will be banned, reports Reuters on the basis of…
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United Technologies to incorporate Raytheon
The American industrial group United Technologies wants to unite its aviation division with defense company Raytheon. Reuters news agency reports based on insiders. The deal would produce a…
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Shell and BP consultation on gas project failed
The talks between Shell and BP about the acquisition of the British interest in a joint gas project in the North Sea have failed. Initiates reported this to…
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In IT, Innovation and Startups
Huawei devices have doubtful security
The security of Huawei products is shaky. That is the director of the National Cyber Security Center of the British government, Ian Levy. “Huawei builds its products differently…
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Eurozone economy barely growing
The eurozone economy grew by 0.4 percent in the first quarter of this year compared to the previous period. The European statistics agency Eurostat reported this on the…
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