Liberty Global Plc and Telefónica SA set to merge UK business in a deal worth $29.57 billion

On Thursday, according to a report from the Financial Times, in a deal worth $29.57 billion (24 billion pounds), the British units of Liberty Global Plc and Telefónica SA will merge with Telefónica SA. Both companies are expected to announce the merger deal on Thursday following five months of negotiations, said the FT’s report citing…

China Reform Holdings attempting to seize control of British chip designer Imagination

In an exclusive news bulletin, Sky News has revealed that Imagination, which makes graphics processing units (GPUs) for customers including Samsung and Apple and is one of the UK’s most important technology companies, is scheduled to have an emergency board meeting next week in order to discuss the appointment of four representatives of China Reform…

British Scientist Robin Shattock makes breakthrough in race to develop coronavirus vaccine

On Wednesday, Sky News reported, a leading British scientist has made a significant breakthrough in the race for a coronavirus vaccine. As a result the normal development time of “two to three years [has been reduced] to just 14 days”, reported Sky news. According to Robin Shattock, head of mucosal infection and immunity at Imperial…

Britain allows Huawei to play limited role in its 5G networks

On Tuesday, in a statement the British government stated, it will allow China’s Huawei a limited role in building its 5G networks. The statement also mentions, high-risk vendors would be excluded from sensitive core parts of networks, and that there would a 35% cap on their involvement in the non-sensitive parts. The development is likely…

One idiot moment can impact decades of due diligence

British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…

Using Huawei 5G equipment would be act of madness for UK: US officials

As per a report from the Guardian Newspaper, officials from the U.S. government have provided the British government with additional newer evidence concerning the risks of involving Huawei in developing its future 5G mobile networks. Ahead of Britain’s decision to include Huawei in developing its 5G networks, officials from both countries exchanged views on whether…

Car production in Britain will take significant hit if Brexit leads to tariffs with EU: Society of Motor Manufacturers and Traders

A British trade body has warned that the country’s annual car production is likely to drop by a third to 1 million by 2024 if Brexit leads to tariffs with the European Union; the output will be lost to other nations. Britons are staring at an elections in just over two weeks with Prime Minister…