Wednesday, 1 April 2020

Business

British Airways, Lufthansa suspend Cairo flights

LONDON: British Airways and Lufthansa both said Saturday they were suspending flights to Cairo for unspecified reasons related to safety and security. The British carrier said it was cancelling flights to the Egyptian capital for a week. The German airline said normal operations would resume Sunday. Both carriers delivered two-sentence ...

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Hammond says will resign if Johnson becomes PM

LONDON: Britain’s finance minister Philip Hammond said on Sunday he would resign on Wednesday before his expected sacking by the favorite to become Britain’s next prime minister, Boris Johnson, takes office. “I am sure I am not going to be sacked because I am going to resign before we get ...

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Polish regulator calls for legal changes to enable 5G roll-out

WARSAW: Poland’s telecom regulator has urged the government to press ahead with regulatory changes related to permissible radiation levels that are key to rolling out next-generation 5G networks in the country in line with European Union requirements. As an EU member Poland is obliged to have an operational 5G network ...

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EU clears Vodafone’s $22 billion Liberty deal

BRUSSELS/LONDON: Brussels gave its blessing to Vodafone’s $22 billion purchase of Liberty Global’s cable networks in Germany and central Europe, clearing the way for the British company to become Europe’s largest mobile, broadband and TV provider. The deal is the standout move by Vodafone in its bid to become a ...

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Huawei to set up regional headquarters in Pakistan

ISLAMABAD: Vice President of Huawei Group Mark Xueman Wednesday said his company would set up a regional headquarters in Islamabad at a cost of $55 million, which would create job opportunities for local young engineers. The leading Chinese mobile phone company would invest total $100 million in Pakistan during the ...

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EU probes Amazon over use of retailer info to gain edge

BRUSSELS: The European Union is opening a new front in its quest to more closely regulate big tech companies, saying Wednesday it was investigating whether US online giant Amazon uses data from independent retailers to gain an illegal edge when selling its own products. EU antitrust Commissioner Margrethe Vestager said ...

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Iran FM at UN accuses US of ‘economic terrorism’

UNITED NATIONS: Iran´s foreign minister renewed accusations that the United States was waging “economic terrorism,” on a visit to the United Nations during which Washington has sharply curtailed his movements. After months of soaring tensions, Foreign Minister Mohammad Javad Zarif came to New York for a UN session on sustainable ...

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Vodafone launches 5G in Germany

FRANKFURT: Vodafone said on Tuesday it was launching 5G services in Germany, taking on Deutsche Telekom by offering cheaper deals and reaching more cities than the market leader that went live last week. Vodafone, which has already launched limited 5G services in its British home market, is switching on 5G ...

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