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Bloomberg UK prime minister Boris Johnson risked a rift with president Donald Trump as he gave Huawei Technologies Co the green light to help develop Britain’s next-generation broadband networks. While the UK government announced it will keep what it calls high-risk vendors such as Huawei out of the most sensitive core parts of its 5G mobile networks, the company will ...

Bloomberg Facebook Inc Chief Executive Officer Mark Zuckerberg is slated to visit Brussels in mid-February, meeting with European Union (EU) officials as the social media giant fends off antitrust and privacy scrutiny over how it handles user data. Zuckerberg’s trip to the EU capital follows a recent visit by Alphabet Inc’s chief Sundar Pichai and comes as the EU is ...

Bloomberg Apple Inc Chief Executive Officer (CEO) Tim Cook said the company has some suppliers in the Wuhan area of China impacted by the coronavirus outbreak, and is working with them to mitigate any production loss. Cook said the impact outside of Wuhan is less clear. He said that the factories are starting back up after the Lunar Holiday on ...

Bloomberg People across the globe are stockpiling facial masks to protect themselves from the new coronavirus, depleting online malls and store shelves from California to Beijing. Yet their efficacy against an outbreak that’s claimed more than 130 lives remains uncertain. On Amazon and Alibaba, many shops peddling anti-virus masks had run out of stock as of Wednesday. Across China, Hong ...

Bloomberg Tokyo prosecutors raided the offices of a former lawyer for Carlos Ghosn, likely searching for documents that could be related to the indicted former auto titan’s escape to Lebanon from Japan, public broadcaster NHK reported. The lawyer, Junichiro Hironaka, has denied any involvement in helping Ghosn flee and a person who answered the phone at his Tokyo office on ...

Bloomberg Kotak Commodity Services Pvt, one of India’s top cotton exporters, will stop selling new cargoes to China on concern the spread of coronavirus may force the top buyer of the fiber to close ports and banks. The Mumbai-based company will look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam to make up for ...

Bloomberg Toyota Motor Corp is halting operations in China until February 9, joining a growing list of global companies that have cut back on business activities in China as a new coronavirus infection spreads, with more than 130 people killed already. “Given the various factors including the guidelines by the local and region governments and parts supply situation, as of ...

Bloomberg US Trade Representative Robert Lighthizer will be in India in the second week of February to finalise a trade deal ahead of President Donald Trump’s expected visit, according to people with knowledge of the matter. India is keen to sign an agreement during Trump’s visit and trade minister Piyush Goyal has invited Lighthizer to discuss the details of a ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB), on Tuesday reported its full year financial results for 2019, announcing a net profit of AED12.5 billion, up 4% from AED12.0 billion in 2018. Commenting on the results, HH Sheikh Tahnoun bin Zayed Al Nahyan, Chairman of FAB, said, “2019 marked another year of growth for FAB, despite challenging market conditions ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), and its subsidiary Nawah Energy Company (Nawah) announced that an extensive operational readiness assessment performed by an international team of nuclear industry experts from the Atlanta Centre of the World Association of Nuclear Operators (WANO), concluded that Unit 1 of the Barakah Nuclear Energy Plant in Abu Dhabi is ready ...