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Business - Francheval News
German government unlikely to make quick decision on Huawei: source

The German government will probably not take a quick decision on whether to allow China's Huawei to build Germany's 5G network, a government source said on Tuesday.

VW's Audi mulls cutting night shifts at Ingolstadt plant: Handelsblatt

Volkswagen's Audi is considering cutting night shifts at its Ingolstadt plant, Handelsblatt reported on Tuesday, citing the head of the luxury carmaker's works council.

Alibaba boosts stake in investment bank CICC for $231 million

China's e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp's Hong Kong-listed shares to nearly 12 percent, an ex...

Pound US Dollar exchange rate: Pound muted despite record high UK employment

This morning UK unemployment fell to its lowest level since 1975. However, the jobs stats had little impact on GBP/USD, with the exchange rate unmoved at $1.2919. The UK’s ILO unemployment rate for December was released this morning, with the data showing that unemployment remained steady at 4 percent, a multi-decade low.

Airplane seat cameras could be your new spy in the sky

Commentary: A camera trained on you for an entire long-haul flight? Surely you can't be serious...

Payless ShoeSource files for bankruptcy as it closes its 2,500 US stores

The retailer began liquidation sales for its U.S. stores on Feb 17. It is also winding down its e-commerce operations.

Nestle says it is now well positioned in confectionery

Nestle's success with its KitKat brand means its does not need to add new businesses after selling its candy unit to Italy's Ferrero last year, the Swiss food group's global head of con...

Volkswagen customer plans to take diesel case to Germany's highest...

A German court on Tuesday ruled in favor of Volkswagen in a case brought by a customer seeking compensation for having bought a diesel car affected by emissions cheating, but the plaintiff's lawy...

Honda to close UK car plant as Brexit looms

Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave th...

British Gas hikes bills by £119 for more than 3 million households

Customers to be hit with 10.5% price rise from 1 April

Global shares slip from four-month high, Swedish crown slumps

European and Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-U.S. trade talks, while the yen dribbled lower as Japan's central bank said i...

Oil hovers below 2019 highs on OPEC cuts, trade talks in focus

Oil stayed within sight of its 2019 high of almost $67 a barrel on Tuesday, supported by OPEC-led supply cuts although concern about slowing economic growth that would curb demand weighed.

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