Edition:
United Kingdom

Kanishka Singh

U.S. Senator Schumer asks FBI, FTC to probe Russia's FaceApp over security concerns

4:22am BST

U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into FaceApp, a face-editing photo app developed in Russia, in a letter sent on Wednesday.

FedEx sues U.S. government over 'impossible' task of policing exports to China

25 Jun 2019

U.S. parcel delivery firm FedEx Corp on Monday sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese companies. | Video

Legg Mason cuts about 12% of workforce days after naming Trian's Peltz to board

24 May 2019

Legg Mason Inc said on Thursday that the mutual fund company is cutting 120 jobs, or about 12% of its corporate workforce, with the step coming only days after the appointment of Trian Fund Management LP's Nelson Peltz and Ed Garden as directors.

Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions

18 May 2019

Huawei Technologies' founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant "may slow, but only slightly" due to recent U.S. restrictions.

HSBC co-head of global banking to leave - source

20 Feb 2019

Robin Phillips, HSBC Holdings Plc's co-head of global banking, will depart in the coming months, a source familiar with the matter said on Wednesday.

Britain does not support total Huawei network ban - sources

19 Feb 2019

British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said. | Video

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