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…
Continue ReadingEuropean 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…
Continue ReadingUnited 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…
Continue ReadingCentral Bank of China: plenty of room for maneuver
The Chinese central bank has huge room for maneuver with its policy instruments as the trade struggle between China and the United States continues to escalate. Yi Gang,…
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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…
Continue ReadingEurozone 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…
Continue ReadingBridgend engine factory closure imminent
The American car manufacturer Ford Motor seems to want to close a large engine factory in Bridgend. That is what the British media draw from an announcement by…
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