Brazil's Supreme Court has approved an 8.6 billion dollar deal allowing state oil company Petrobras to sell its TAG pipeline network in a big win for the firm and the ruling party.
PARIS: A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros (US$62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters. The United States added Huawei Technologies, the...
Oleg Tinkov, the main owner of Russia's TCS group, told Russian Internet giant Yandex's chief executive on Friday that their companies together would be worth more than US$20 billion and suggested that they integrate. Tinkov, who is known for his casual business style, said to Yandex's Arkady ...
A senior Huawei official will face questions from British lawmakers next week amid an ongoing furore over the role it should play in next-generation 5G telecom networks, parliament said on Friday.
SINGAPORE: Green electricity retailer ES Power will transfer all of its business and residential consumers – amounting to more than S$15 million in electricity retail contracts – to fellow retailer iSwitch by the end of this month, as part of a partnership amid stiff competition in the local market...
A sale ban on China's telecoms equipment makers would add about 55 billion euros (US$62 billion) to the cost of 5G networks in Europe, according to an industry analysis seen by Reuters.
JAKARTA: President Joko Widodo’s proposal to allow foreign airlines to operate Indonesian domestic routes with the aim of bringing down ticket prices has sparked a robust debate among stakeholders. The business community, in particular, noted that this would boost competition and eventually ...
RUESSELSHEIM, Germany: Carmakers and policymakers in Europe are staking their futures on a race to electric vehicles. But the vast charging network needed to sustain their vision is patchy, and it's not clear who'll pay for it. The central German city of Ruesselsheim, home to carmaker Opel, wants ......
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data.
IBM has withdrawn an application for anti-trust approval for a mainframe computing venture with T-Systems, the IT services arm of Deutsche Telekom, after the German cartel office took a closer look at the transaction.
