Business

'Donald Trump is watching closely': US officials amped up pressure on the UK to ditch Huawei at a potential cost of $8.8 billion

13 days ago   |   By Business Insider

A delegation of US officials was sent to the UK on Monday to convince the UK to ban Huawei equipment from its 5G infrastructure.
The US has been warning allies for over a year that it may have to restrict intelligence-sharing with countries that don't ban Huawei, as it views the Chinese tech company as a national security threat.
According to The Guardian, the delegation told British lawmakers it would be "nothing short of madness" to keep using Huawei kit, and added "Donald Trump is watching closely."
Analysts at Assembly Research estimated that freezing out Huawei could cost the UK...
Read more ...

 

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

13 days ago   |   By Business Insider

Getty
Brexit will soon have cost the UK more than its combined total of payments to the EU budget over the past 47 years.
Bloomberg Economics found the cost of the UK's vote to leave has already reached £130 billion.
A further £70 billion is likely to be added by the end of 2020, economist Dan Hanson found.
Business confidence and investment in the UK has dipped significantly since the 2016 vote.
Visit Business Insider's homepage for more stories .
Brexit will have cost the UK more than £200 billion in lost economic growth by the end of this year - a figure which almost eclipses the total...
Read more ...

 


Search by Tags

   Business      Donald Trump      Huawei      U.S.      UK      Boris Johnson      Hong Kong      Brexit Insider  


How 23 of the biggest newspapers around the US and the world covered Kobe...

How 23 of the biggest newspapers around the US and the world covered Kobe Bryant's death

Allen Berezovsky/Getty Images NBA legend Kobe Bryant died in a helicopter crash on January 26 at the age of 41. His 13-year-old daughter, Gianna, was also on board. All nine... Read more ...

Kobe Bryant's helicopter pilot was given special clearance to fly in foggy...

Kobe Bryant's helicopter pilot was given special clearance to fly in foggy weather minutes before the deadly crash

TSM/Bauer-Griffin/GC Images Just before Kobe Bryant and eight others were killed in a helicopter crash on Sunday, the pilot had been given special clearance to fly in foggy... Read more ...

People are slamming sneakerheads who are jacking up the prices of Kobe...

People are slamming sneakerheads who are jacking up the prices of Kobe Bryant shoes in the wake of his sudden death, and it reveals a darker side of sneaker culture

StockX Kobe Bryant branded merchandise has skyrocketed in value since news broke of the athlete's sudden death on Sunday. People are calling out resellers who are purposely... Read more ...

2021 Ford Bronco: Here's Some Spy Shots

2021 Ford Bronco: Here's Some Spy Shots

The New Bronco has been coming for seemingly as long as humans have been connected to each other through the internet. Ford really likes teasing this one out, as people are... Read more ...

Overtourism can be solved, and it will start with locals 'taking control' of...

Overtourism can be solved, and it will start with locals 'taking control' of how much tourism - and what kind of it - they want, according to travel experts

Reuters Travel industry experts gathered at the Javits Center in New York City for the 17th annual New York Times Travel Show this past weekend. The New York Times Travel Show... Read more ...

An obscure biotech stock skyrockets 38% after saying it's testing a...

An obscure biotech stock skyrockets 38% after saying it's testing a coronavirus antibody

Associated Press Shares of Vir Biotechnology skyrocketed as much as 38% Monday as China's coronavirus spread. The gains are a continuation from a rally that started Thursday... Read more ...

11 notable celebrities who skipped this year's Grammys, and why

11 notable celebrities who skipped this year's Grammys, and why

Emma McIntyre/Getty Images, Chris Pizzello/Invision/AP, Kevin Mazur/Getty Images for TIDAL On Sunday, the 62nd Grammy Awards were held at the Staples Center in Los Angeles... Read more ...

Sold-out Amazon sellers warn shoppers about counterfeit face masks as demand...

Sold-out Amazon sellers warn shoppers about counterfeit face masks as demand soars amid coronavirus fears

Vendors on Amazon are selling out of face masks in response to rising demand for protection against the deadly coronavirus. As inventory wanes, sellers are warning shoppers... Read more ...

5 million people left Wuhan before China quarantined the city to contain the...

5 million people left Wuhan before China quarantined the city to contain the coronavirus outbreak

Getty Images About 5 million people left Wuhan, China, before the lockdown last week, the city's mayor said Sunday. As of Monday, 81 people have died from Wuhan coronavirus... Read more ...

Shaquille O'Neal's son says Kobe Bryant messaged him 'You good fam?' just...

Shaquille O'Neal's son says Kobe Bryant messaged him 'You good fam?' just hours before he died in a helicopter crash

Getty/Christian Peterson/MediaNews Group Kobe Bryant sent a text message to Shaquille O'Neal's son, Shareef, just hours before he died. Bryant, his 13-year-old daughter Gianna... Read more ...