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| | World |
German Economy Minister Peter Altmaier has said that only secure technology could be installed to build Germany’s 5G network, adding that clear rules applied to all providers. Chancellor Angela Merkel, on a visit to Japan, said earlier on Tuesday that Germany needed guarantees that China’s Huawei Technologies “doesn’t just simply hand the data to the state” before the telecoms equipment supplier can participate in building its 5G network. | |
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Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, a new Reuters survey showed. Many bankers and politicians predicted Britain’s vote to leave the European Union would prompt a mass exodus of jobs and business, but the number of jobs UK-based financial institutions say they expect to shift overseas has fallen steeply. At around 2,000, the new estimate is about a fifth of the 10,000 flagged in first survey in September 2017. “The City is always changing and it will find a way to thrive,” said Catherine McGuinness, the de facto political leader of the municipal body that helps to run London’s financial district, known as the City. | |
| Two @Reuters journalists have been detained in Myanmar since Dec. 12, 2017. See our coverage of the case: https://reut.rs/2DSXM0B 12:27 PM - 4 Feb 2019 |
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| | TECHNOLOGY |
About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December.
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Abu Dhabi’s Mubadala Investment Co has sold 34.9 million common equity shares in Advanced Micro Devices, a company spokesperson said on Tuesday. Mubadala did not disclose the sale price; but the market value of the 34.9 million shares was about $842 million based on Monday’s closing price.
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U.S. technology giant Apple said it had reached a deal with France to pay an undeclared amount of back-dated tax, with French media putting the sum at around 500 million euros ($571 million). Apple’s French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay.
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