Huawei’s business has been hit by international sanctions, but the world needs Huawei more than it realises, says IMD Business School’s Mark Greeven. LAUSANNE, Switzerland: Huawei has launched their best phone yet, the P40 Pro+, but few outside of China are willing to buy it. It is hands-down the best […]
Year: 2020
LONDON: Aston Martin’s first sport utility vehicle rolled off the production line on Thursday (Jul 9), key to hopes of a turnaround at the luxury carmaker which has seen changes in management and ownership over the last few months amid a torrid performance. Popular for being James Bond’s carmaker of […]
On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschheim to pore over the payment firm’s books. FRANKFURT: On the night of Jun 18, Wirecard AG’s new compliance chief stayed up late […]
Japan’s Fast Retailing Co , owner of casual clothing brand Uniqlo, lowered its outlook for the year as the coronavirus pandemic wreaked havoc on its global fashion business. TOKYO: Japan’s Fast Retailing Co , owner of casual clothing brand Uniqlo, lowered its outlook for the year as the coronavirus pandemic […]
Four times Tour de France champion Chris Froome will leave Team INEOS at the end of the season, the team said in a statement on Thursday. LONDON: Britain’s most decorated road cyclist Chris Froome will leave Team INEOS at the end of the season, ending a long association with the […]
Samsung executive vice president Woojune Kim said the company was in active commercial discussions with European operators to supply network equipment, and was investing its resources in 4G, 5G and 6G rather than legacy technology. LONDON: Samsung executive vice president Woojune Kim said the company was in active commercial discussions […]
Vodafone and BT said they would need a minimum of five years to remove equipment made by Huawei from their British networks, with Vodafone putting the cost of doing so in the “single figure billions” of pounds range. LONDON: Vodafone and BT said they would need a minimum of five […]
U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel. NEW YORK: U.S. companies are preparing to open their books on a quarter that is […]
Shares in SAP jumped 7per cent on Thursday to the top of Germany’s blue-chip index after the software maker confirmed its outlook and said its quarterly business activity recovered from the effects of a global lockdown faster than expected. FRANKFURT: Shares in SAP jumped 7per cent on Thursday to the […]
Norway’s 1992 Olympic slalom champion Finn Christian Jagge, who beat Italian Alberto Tomba to gold at the Albertville Games, has died at the age of 54, the Norwegian Sports Federation announced. REUTERS: Norway’s 1992 Olympic slalom champion Finn Christian Jagge, who beat Italian Alberto Tomba to gold at the Albertville […]