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Huawei escaping European ban, but not 5G regulations

Bloomberg Huawei Technologies Co’s ability to make inroads into Europe’s future telecom infrastructure may be more about regulatory hurdles than outright bans. The US has been engaged in a vocal campaign to keep Chinese tech companies out of advanced 5G networks that promise faster connections, enabling uses such as autonomous vehicles and remote surgery. US President Donald Trump’s administration has ...

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Volkswagen plots major China push as trouble looms at home

Bloomberg A year into his tenure, Volkswagen CEO Herbert Diess is entering critical months as he seeks to expand the carmaker’s sprawling Chinese operations while containing tensions at home in Germany. The Chinese market is leading a global shift towards electric vehicles and will take on a bigger role for the German automaker as both a production hub and a ...

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Rusal to invest $200m in new US aluminum mill as sanctions lifted

Bloomberg Just months after being freed from US sanctions, Russia’s largest aluminum maker plans to invest in a new aluminum rolling mill in Kentucky. United Co Rusal, controlled by billionaire Oleg Deripaska until the US Treasury forced him to reduce his stake earlier this year, intends to invest up to $200 million in the plant being built by closely held ...

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