The president of the European Commission, Jean-Claude Juncker, gave a boost on Friday to Croatia's hopes of joining the EU's "open-border" Schengen zone and also the waiting room for adopting the euro currency.
U.S. stock index futures pared gains on Friday after data showed domestic job growth slowed sharply in May and wages rose less than expected, adding to concerns over the pace of economic growth.
SAINT PETERSBURG: President Xi Jinping said Friday (Jun 7) that China was ready to share its expertise, including on 5G technology, with partner countries. "China is ready to share technological inventions with all partners, in particular 5G technology," Xi told an economic forum in the Russian ...
SAINT PETERSBURG: Russian President Vladimir Putin on Friday (Jun 7) slammed US moves against Chinese tech giant Huawei, which has signed a deal to develop a 5G network in Russia. Speaking at an economic forum also attended by Chinese President Xi Jinping, Putin condemned "the situation around the ......
UBS looks set to agree a 100 million euro (US$113 million) settlement of a money laundering and tax case in Italy within the next few weeks, according to people familiar with the matter, in contrast to a similar case in France.
Russian President Vladimir Putin said on Friday he was concerned by what he called attempts to force Chinese technology giant Huawei out of the global market.
FRANKFURT: IBM has withdrawn an application for anti-trust approval for a mainframe computing venture with T-Systems, the IT services arm of Deutsche Telekom, after the German cartel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 made a critical initial assessment of the plan. Pulling the deal marks a setback for T-Systems CEO Adel Al ...
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 ...
