China’s mobile operators have made 5G services available to consumers, as the country seeks to become a global technology leader. State-owned carriers China Mobile, China Unicom and China Telecom unveiled their 5G data plans on Thursday.It comes as Beijing and Washington have been embroiled in a power struggle over trade and technology, reports BBC. South Korea, the US and the ...
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Fiat Chrysler, PSA Peugeot boards approve merger
The boards of Fiat Chrysler and PSA Peugeot have approved merging the two companies in a move that would create the world’s fourth-largest automaker with combined revenues of 170 billion euros ($188.8 billion), the companies announced Thursday. The 50-50 merger is expected to create synergies of 3.7 billion euros, a figure that the automakers expect to achieve without any factory ...
Read More »Britain set for pre-Christmas snap election
British prime minister Boris Johnson finally has the election he has been pushing for but it is a gamble, with experts warning of one of the most unpredictable polls in years. Johnson is currently hamstrung by his lack of a majority in the House of Commons, but hopes to win enough seats to force through his Brexit plan — and ...
Read More »Volkswagen warns of slowing global auto markets
Photo: In this March 14, 2017 file photo Volkswagen cars are lifted inside a delivery tower of the company in Wolfsburg, Germany. Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual ...
Read More »WhatsApp sues Israeli firm over hacking claims
Facebook-owned WhatsApp has filed a lawsuit against Israel’s NSO Group, alleging the firm was behind cyber-attacks that infected devices with malicious software, reports BBC. WhatsApp accuses the company of sending malware to roughly 1,400 mobile phones for the purposes of surveillance. Users affected included journalists, human rights activists, political dissidents, and diplomats.NSO Group, which makes software for surveillance, disputed the ...
Read More »New US rules would require carriers to remove Chinese equipment
US regulators on Monday proposed rules to block telecom carriers from buying from Chinese tech companies Huawei and ZTE, and to remove any of their equipment already in place. The Federal Communications Commission said the rules — to be voted on November 19 — were part of an initiative to “safeguard the nation’s communications networks.” The two Chinese firms have ...
Read More »Brexit: General election fight ‘will be tough’, PM says
UK Prime Minister Boris Johnson has said he is ready to fight a “tough” general election after MPs voted for a 12 December poll. The legislation approved by MPs on Tuesday will later begin its passage through the House of Lords, where it is not expected to be opposed, reports BBC.Labour leader Jeremy Corbyn said the snap poll gave a ...
Read More »Russia, Ukraine fail to clinch gas deal amid fears of cuts
Russian and Ukrainian negotiators have failed to agree on a new long-term natural gas transit contract, raising the specter of possible supply cuts during the winter. EU Energy Commissioner Maros Sefcovic says he is “disappointed” by the outcome of Monday’s talks in Brussels and warns that “time is flying” as the current gas contract expires on Jan. 1. Russia and ...
Read More »China to launch Chang’e-5 lunar probe in 2020
Photo : China is also drawing up the plan for the fourth phase of the lunar exploration programme. Xiamen, Oct 28 : China plans to launch the Chang’e-5 probe in 2020 to bring moon samples back to Earth, according to Wu Weiren, chief designer of China’s lunar exploration programme. The Long March-5 carrier rocket, China’s current largest launch vehicle, will ...
Read More »Survey: US business hiring falls to a 7-year low
Washington, Oct 28 : A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found. Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have hired additional workers in the past three months. That is down from one-third in July. ...
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