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Johnson urged to look beyond big ticket spending in budget

Bloomberg UK Prime Minister Boris Johnson should look beyond large transport projects to ensure the billions of pounds of planned extra spending boosts the whole UK economy, according to the Resolution Foundation. Johnson’s budget next week is expected to raise capital spending by 20 billion pounds ($26 billion) a year, taking investment to levels last sustained in the 1970s. The ...

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China’s Huawei finds Swiss 5G heaven with ‘Fitbits’ for cows

Bloomberg A quiet Huawei Technologies Co-led 5G revolution is unfolding at the heart of Europe — in the bucolic Swiss hamlet of Taenikon. Far from President Donald Trump’s campaign to stop the world from using the Chinese company’s technology, cows in this northern Swiss village — with its white-washed cottages and manicured fields — wear Huawei’s 5G-connected neck-straps instead of ...

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Amazon staffer in Seattle tests positive for virus

Bloomberg Amazon.com Inc notified employees of the first confirmed case of coronavirus among its US workforce. The online retailer told workers about the infected employee via email. The employee left work February 25 due to an illness and the company said it was informed that the person had contracted Covid-19. All co-workers in contact with the employee, who were at ...

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