Politics – WallStreetReview

NY governor orders probe into Facebook access to data from other apps

February 22, 2019 WallStreetReview

FILE PHOTO: Democratic New York Governor Andrew Cuomo holds a news conference after voting at the Presbyterian Church in Mt. Kisco, New York, U.S., November 6, 2018. REUTERS/Caitlin Ochs/File Photo NEW YORK (Reuters) – New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information... Read More

Huawei plan to fix British security fears due in H1 this year: executive

February 21, 2019 WallStreetReview

LONDON (Reuters) – Huawei will present a plan to address British security concerns about its equipment by the end of the first half of this year, a senior company executive said on Thursday, following criticism the Chinese firm has not moved fast enough to fix the issues. FILE PHOTO: Ryan Ding, the chief of Huawei’s carrier business group, holds a... Read More

Microsoft expands political security service to 12 European countries

February 20, 2019 WallStreetReview

Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space... Read More

BHP CEO staying around to deal with tailings and transformation

February 19, 2019 WallStreetReview

LONDON (Reuters) – The chief executive of mining group BHP has no plans to quit and will focus on the “nuclear level of safety” needed to avoid any repeat of the Vale dam collapse in Brazil, as well as on transforming his own company. FILE PHOTO: BHP Billiton CEO Andrew Mackenzie and Chairman Ken Mackenzie attend the company’s AGM in... Read More

British supermarkets battle to secure stocks as chaotic Brexit looms

February 19, 2019 WallStreetReview

LONDON (Reuters) – Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say. FILE PHOTO: Picked apples are seen at Stocks Farm in Suckley, Britain, October 10, 2016. REUTERS/Eddie Keogh/File Photo With no deal in sight as Britain’s March 29 exit... Read More

Huawei founder says Huawei CFO arrest was politically motivated: BBC

February 18, 2019 WallStreetReview

(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. FILE PHOTO: Meng Wanzhou, Huawei Technologies Co Ltd’s chief financial officer (CFO), is seen in this undated handout photo obtained by Reuters December 6, 2018. Huawei/Handout via REUTERS “Firstly, I object to what the U.S. has... Read More

Qatar aims to build $20 billion sports sector ahead of World Cup

February 17, 2019 WallStreetReview

DOHA (Reuters) – Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion sports sector ahead of the 2022 World Cup, a senior official said on Sunday. FILE PHOTO – A view of the beIN Sports studio that will be hosting the 2022 FIFA World Cup is seen in Doha, Qatar October 16,... Read More

U.S. drafts WTO reform to halt handouts for big and rich states

February 15, 2019 WallStreetReview

GENEVA (Reuters) – The United States proposed a reform of the World Trade Organization on Friday that would slash the number of countries that are eligible for “special and differential treatment”, a plan likely to be resisted by China, India and other countries. FILE PHOTO: A logo is pictured outside the World Trade Organization (WTO) headquarters next to a red... Read More

Take Five: The R-word – World markets themes for the week ahead

February 15, 2019 WallStreetReview

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo/File Photo 1/THE ‘R’ WORD Warnings... Read More

Seizing on Huawei’s troubles, Samsung bets big on network gear

February 15, 2019 WallStreetReview

SEOUL (Reuters) – Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China’s Huawei, according to company officials and other industry executives. The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji Those efforts include moving high-performing managers and numerous... Read More