Thursday , February 21 2019

Huawei controversy opens rift between US and global carriers

Bloomberg A group representing top US mobile service providers disagreed with European and Asian counterparts over alleged security threats from Chinese equipment maker Huawei Technologies Co. ahead of a conference that will highlight a US-Europe divide on the issue. A February 14 release from GSMA, a London-based wireless industry group, ...

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Ford deals a blow to Bolsonaro with plan to shutter Brazil plant

Bloomberg Ford Motor Co. is shutting a factory in Brazil in an attempt to turn around its money-losing South American business, dealing a blow to Jair Bolsonaro less than two months into his presidency. The automaker expects to record $460 million in charges related to exiting the heavy-truck business in ...

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