The Biden administration plans to spare everyday Russians from the brunt of U.S. export controls if Russia invades Ukraine, and focus on targeting industrial sectors, a White House official said. “Key people” will also face “massive sanctions,” a top Commerce official said in a separate speech on Friday. The comments narrow the scope of potential […]
Reuters
Vodafone has teamed up with Intel Corp and other silicon vendors to design its own chip architecture for nascent OpenRAN network technology, aiming to weaken the grip of traditional telecoms equipment suppliers. OpenRAN allows operators to mix and match suppliers in their radio networks, posing a challenge to the likes of Ericsson, Huawei and Nokia […]
Orange on Friday named Christel Heydemann its new chief executive, making her the first woman to lead France’s biggest telecoms operator amid a revamp of its governance. A former graduate of France’s elite engineering school Polytechnique, 47-year-old Heydemann will replace Stephane Richard from April 4 at the helm of the state-controlled group after a court […]
European shares fell as much as 2 percent on Friday, dragged down by auto and technology stocks, amid prospects of higher interest rates and geopolitical tensions in Ukraine. The pan-European STOXX 600 was down 1.4 percent, paring some losses after falling as much as 2 percent earlier in the day, and on track for its […]
Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy’s embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, […]
A vote by Mexico’s telecoms regulator concluded on Wednesday without granting authorization to telecoms giant America Movil to enter the country’s pay-TV market, according to a source with knowledge of the process. The vote means that for now, America Movil, controlled by the family of Mexican billionaire Carlos Slim, will remain without a license to […]
The head of the Federal Aviation Administration (FAA) is set to testify before a Feb. 3 U.S. House of Representatives hearing on new C-Band 5G deployment and its impact on aviation safety, sources told Reuters on Wednesday. The House Transportation and Infrastructure Committee is expected to hear from FAA Administrator Steve Dickson along with aviation […]
The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]
Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft’s shares in after-hours trade. But the shares reversed course following the outlook, trading […]
The U.S. Federal Aviation Administration (FAA) on Tuesday issued approvals for additional altimeters that allow about 90% of the U.S. commercial aviation fleet to perform low-visibility landings at airports where 5G wireless is deployed. The FAA said it had cleared seven additional altimeters, bringing the total approved to 20. As of last week, it had […]