Huawei, despite “malicious incidents” from US the UK, Australia, New Zealand and Japan who raised security concerns about supplier, has posted 21 per cent increase in revenues to $109bn for 2018. Guo Ping, Huawei’s current rotating Chairman said the Chinese telecoms equipment maker had secured 26 5G contracts this year said ” We must not…
Vinci the French infrastructure group has bought a majority stake in Gatwick airport for £2.9bn taking control of world’s busiest single-runway airport just after it was brought to a standstill by drone sightings in the near vicinity. Under the deal Vinci will take a stake of 50.01 per cent in a Gatwick airport that handled…
Tim Leissner, an ace US investment banker bringing in tens of millions of dollars in revenues, pleaded guilty to bribery, conspiracy and money laundering charges in connection with a vast fraud at Malaysia’s State Development fund 1Malaysia Development Berad (1MDB scandal, his actions make him the pariah inside the bank and pose the greatest threats…
A woman and a man have been arrested at 22:00 GMT on Friday, in connection with a string of drone sightings which brought Gatwick Airport to standstill. The airport has since reopened but flights were grounded for more than a day affecting over 140, 000 passenger after drones were seen near the runway, which highlighted…
Following a Reuters report, that the company knew for decades that cancer-causing asbestos could be found in the product, Central Drugs Standard Control Organisation (CDSCO), Drug authorities in India visited some of Johnson & Johnson’s facilities yesterday and took tests and samples of its talcum powder. If a formal investigation would be launched into the…
Dronemania at Gatwick airport Gatwick’s chief operating officer said drones had been spotted over the airport as late as 7:00 GMT and as a result Gatwick’s runway remains closed after two of the devices were seen nearby. Over One hundred and ten thousand passengers on 760 flights were due to use the airport on Thursday.…
GlaxoSmithKline CEO Emma Walmsley, in a final step of revamping unveiled plan to split the group in to two, creating a new £9.8bn consumer health business through a joint venture with US rival Pfizer. The newly formed UK-based group will fold Pfizer brands such as Advil, Centrum and Caltrate into GSK’s existing line of well-known…
Patisserie Valerie, the coffee and cake shop chain has appointed an ex Starbucks executive to a key commercial role as its tries to forget harsh memories from the accounting scandal that nearly brought the company to collapse. Rhys Iley, former retail and operations vice-president at Starbucks in Europe, will become group commercial director of Patisserie…
Huawei, the world’s largest supplier of Telecoms equipment whose SG Technology is international standards, hit back at western worries that its telecoms equipment poses a security threat, attacking the US and its allies for spreading fear and rumours because of “ideological or geopolitical concerns”. Ken Hu, CEO of Huawei said countries that banned the Chinese…
Swimwear designer Sian Gabbidon (26) from Leeds has been chosen as the winner of The Apprentice 2018 by Lord Suga. She beat 22-year-old nut milk entrepreneur Camilla Ainsworth to win a £250, 000 investment from Lords Sugar in her swimwear firm. Lord Sugar who made his first investment in a fashion business in the show’s…