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Huawei extends mobile patents deal with Nokia

  Bloomberg Huawei Technologies Co has secured an extension to a patent licensing deal with Nokia Oyj, suggesting the Chinese company continues to lead in networking technology despite years of punishing US sanctions. The announcement indicates appetite for access to Huawei’s next-generation telecom patents remains strong, despite US accusations the Chinese giant poses a threat to national security. Huawei is ...

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Stellantis boosts hydrogen van offering

Bloomberg Stellantis plans to buy a stake in hydrogen company owned by tire-maker Michelin and car-parts supplier Faurecia SE as the automaker tries to bolster its low-emissions offerings. The maker of Fiat and Jeep vehicles will take a “substantial” stake in the Symbio business, with closing of the transaction expected for the first half of 2023, Stellantis said. “This move ...

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Euro Auctions to set up largest auction house in Abu Dhabi

  Abu Dhabi / Gulf Time Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a lease agreement with Euro Auctions Middle East, a subsidiary of the Euro Auctions Group, to establish its largest auction house in the region for industrial plant, construction equipment and agricultural machinery. Under the ...

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