These two rules will further tighten the screws on Huawei

According to two sources, the U.S. government is likely to fine tune and expand laws that govern sale of U.S. technology and technological products to foreign companies, midst efforts to further tighten the blacklisting of China Huawei. In May 2019, the U.S. Commerce Department had placed Huawei Technologies on an Entity List citing national security…

Huawei’s Influence In UK Infrastructure Could Get Diluted As BT Looks For More Vendors

Amidst pressure from the United States for a boycott and with the European Union lawmakers passing a law earlier this week pledging to increase the number of suppliers of equipment for 5G networks, the Chinese telecom equipment making giant Huawei is set to face a challenge in the United Kingdom because the leading telecom service…

Renault-Nissan-Mitsubishi Alliance To Be Headed By A General Secretary

The alliance between the French car maker Renault and the Japanese auto companies Nissan and Mitsubishi is being attempted to be revived to its former glory by the companies with the appointment of a general secretary to take exclusive care of the partnership – the largest in terms of production capacity in the global auto…

Renaul-Nissan-Mitsubishi reboots alliance eyeing emerging electric vehicle market

Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations. Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman. “This alliance executive will be key for coordinating and…

Private equity firm Apollo Global raises bid to take Tech Data private

Apollo Global Management, a private equity firm, stated it has raised its bid to take Tech Data, a U.S. information technology equipment distributor, private in a deal valued at around $6 billion. Excluding debt, the deal is valued at nearly $5.14 billion, up from a previous offer of $4.77 billion. Following Apollo Global Management’s new…