U.S

EU Neutral On Potential US Stakes In Ericsson, Nokia
EU Neutral On Potential US Stakes In Ericsson, Nokia
February 18, 2020  |  Mobile

The U.S. Attorney General William Barr recently said the country should consider purchasing majority stakes in Nokia and/or Ericsson to push back against the dominance...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
February 16, 2020  |  Economy

A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal....

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Chinese Tech Investments In US Plummet
Chinese Tech Investments In US Plummet
February 10, 2020  |  Investments

eCommerce giant Alibaba  — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT)...

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Companies Find Work-Arounds To US Tariffs On Items From China
Companies Find Work-Arounds To US Tariffs On Items From China
February 07, 2020  |  Cross Border Commerce

Under the current administration’s trade policies, Chinese imports come with prohibitively high tariffs, approximately $370 billion or so each year. Several U.S. companies are consequently...

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US Economy Could Lose $10B To Chinese Travel Ban 
US Economy Could Lose $10B To Chinese Travel Ban 
February 05, 2020  |  Economy

China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. A drop in...

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US Gov’t Sues Firms, Individuals For Fraudulent Robocalls
US Gov’t Sues Firms, Individuals For Fraudulent Robocalls
January 29, 2020  |  Security & Fraud

A lawsuit by the U.S. government is targeting five companies and three individuals accused of perpetuating hundreds of millions of fraudulent robocalls, according to Reuters....

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German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
January 24, 2020  |  Digital Banking

German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew...

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France Agrees To Defer Big Tech Tax After US Threatens Tariffs
France Agrees To Defer Big Tech Tax After US Threatens Tariffs
January 21, 2020  |  International

France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute...

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