BERLIN (Reuters) – Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security. The behind-the-scenes push in Berlin, which comes after decisions by Australia and the United States to ban Chinese suppliers […]

CNN sued the Trump administration on Tuesday in an effort to reinstate the press credentials of its chief White House correspondent, Jim Acosta, escalating a dispute that has highlighted the increasingly tense dynamic between President Trump and the news media. In a lawsuit filed in Federal District Court, the network argued that the removal of […]

(Reuters) – U.S. hedge fund Elliott Management said on Tuesday Hyundai Motor Group was holding excess capital and that shareholder returns from the Korean automotive group were lagging industry standards. In a letter to the directors of the group, the fund called for return of excess capital to shareholders, a review of any and all […]

LONDON (Reuters) – Vodafone’s new chief executive (VOD.L) said he would cut costs and seek to maximize the value of its masts and towers to drive higher returns at the world’s second largest mobile operator after taking charge last month. Replacing Vittorio Colao at the top of the British company after the Italian ran the […]

Real estate titans have long scoffed at WeWork, which in eight short years has managed to attain a $20 billion valuation by selling short-term leases for shared office space with a mixture of stylish design and free-flowing alcohol. Derided by some as a real estate company masquerading as a technology company, it has been called […]

LONDON (Reuters) – OPEC warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly than expected, building a case for cutting output at a meeting next month. Worried by a price drop and rising supplies, OPEC is talking again of […]

The government-backed Hampton-Alexander review also highlighted five companies among the group which had all-male boards. Two years after it was launched, the review’s annual report said progress towards the target of all FTSE 350 companies having women comprising at least a third of their board members and leadership was encouraging. But Sir Philip Hampton, who […]

SINGAPORE – The Monetary Authority of Singapore (MAS) is launching a US$5 billion fund for private market investments, to be managed by top global private equity and infrastructure fund managers. The managers must be committed to deepening their existing presence in Singapore or establishing a significant one. Under the programme, MAS will allocate US$5 billion […]

Perry Morgan, a sales representative from Ocala, Fla., said the part of a recent business trip to Oakland, Calif., he dreaded most was lugging four heavy suitcases on a shuttle bus back and forth from the airport terminal to the car rental center. Not only that, he also expected that he would have to allot […]

NEW YORK (Reuters) – General Electric Co (GE.N) will sell assets with “urgency” to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high. Culp is facing tough questions about GE’s financial strength […]