Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》

List of All Articles with Tag 'li'

Tesla beats second-quarter delivery estimates
Tesla beats second-quarter delivery estimates
(Reuters) -Tesla Inc on Sunday delivered a record number of vehicles in the second quarter, topping market estimates after the
2023-07-03 00:17
Australia’s Coal Exports by Volume Set to Rise on Asian Demand
Australia’s Coal Exports by Volume Set to Rise on Asian Demand
Australian coal exports are set to rise for at least the next three years on growing demand for
2023-07-02 23:21
Australian home prices climb for fourth month in June
Australian home prices climb for fourth month in June
SYDNEY Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing
2023-07-02 22:22
French Riots Over Killing Start to Ease as Economic Costs Mount
French Riots Over Killing Start to Ease as Economic Costs Mount
A fifth night of unrest across France was more subdued as authorities contained the fallout from the killing
2023-07-02 17:46
An earthquake destroyed their home days before Christmas. They still have to pay the mortgage
An earthquake destroyed their home days before Christmas. They still have to pay the mortgage
A 6.4 magnitude earthquake forced hundreds out of their damaged Northern California homes months ago. The aftermath helps show that many Californians might not be as prepared as they could be for quakes in a state that has more damage-causing temblors than any other.
2023-07-02 16:58
Former Tory leader warns Vodafone and Three merger poses ‘dangerous’ security risk
Former Tory leader warns Vodafone and Three merger poses ‘dangerous’ security risk
Former Tory leader Sir Iain Duncan Smith has warned the merger between Vodafone and Three is “dangerous” and risks giving a company with its roots in Communist Party-ruled China a more prominent place in the UK’s mobile network. The former work and pensions secretary and MP for Chingford and Woodford Green said the proposed deal raised serious questions about national security and competition within the UK telecommunications market. Vodafone and Three, both of which have millions of customers in the UK and Ireland, announced earlier this month that they were joining forces in a multibillion-pound deal they said would create one of Europe’s biggest 5G networks. “This is a dangerous deal, which it seems is yet another example of how the Communist Party is trying to create a Western dependency on China,” Sir Iain told The Independent. “Not only does it raise important questions about competition, but it poses risks to our communication networks and personal data.” Three is owned by CK Hutchison, a Hong Kong-listed conglomerate that has been accused of supporting repression in the former British territory, where thousands of residents fled after China’s implementation of a sweeping national security law used by authorities to crack down on dissent against the regime in Beijing. Sir Iain is among a number of cross-party MPs to raise concerns about the growing influence of China in the West, and in particular, telecoms companies who have their headquarters there and are operating in the UK. “The government still doesn’t seem to understand that Chinese companies can be mandated to hand over their data to Beijing at the drop of a hat,” Sir Iain said. “We should be really worried about that. I also think we need to be taking a closer look at who owns these companies, the links between them and the Chinese government and the origins of the money flowing through them.” Last autumn the government announced that Shenzen-based Huawei technology must be removed from the UK’s 5G public networks by the end of 2027, It followed advice from the National Cyber Security Centre and pressure from Washington, which banned equipment made by the company because it posed an “unacceptable risk” to US national security. In March, prime minister Rishi Sunak warned that China plans to “reshape the world” in plans that posed an era-defining challenge for the UK and its allies in the West but dismissed calls for Beijing to be categorised as a threat, something his predecessor Liz Truss pushed for. The union Unite, which has 1.4 million members, is also campaigning against the merger, which some analysts say could result in job losses and higher prices for consumers who are already being squeezed by the cost of living crisis. The deal has triggered an initial investigation by the Competition and Markets Authority and will be subject to approval under the new National Security and Investment Act. Gail Cartmail, Unite’s executive head of operations, said: “Instead of idly watching the CK Group cream profits from UK businesses, the government should ask if they are a suitable custodian of British assets.” Charlotte Nichols, the Labour MP for Wigan North who sits on the Department for Business and Trade sub-committee on national security, said: “Unite the Union has shared research with me that shows this merger would leave sensitive government contracts and the data of millions of UK consumers in the hands of Three, a company whose key leadership have supported repression in Hong Kong and worked hand-in-hand with the Chinese state for decades. “This will be dangerous deal for the UK and I fully support Unite’s campaign against it.” Other MPs – both Labour and Conservative – have tabled questions to government departments asking what security assessments ministers have made of the proposed merger deal. Both Three and Vodafone refused to comment but have previously dismissed concerns about security, saying that they work closely with security bureaus in what is a regulated industry. The Cabinet Office has said it welcomes foreign trade and investment “where it supports growth and jobs in the UK, meets our stringent legal and regulatory requirements, and does not compromise our national security. “However, we will not hesitate to use our powers to protect national security where we identify concerns.” Read More Vodafone and Three to merge in multibillion-pound deal Vodafone and Three merger: What the huge deal actually means for you Cleverly defends China visit plans and pledges to use UK’s global ‘influence’ Three and Vodafone are merging. Here’s what that means for your phone No one wants to take responsibility for No 10 ‘groper’ complaints, warns accuser Top Tories urge Rishi Sunak to use cabinet reshuffle to get a grip on warring party
2023-07-02 15:22
Athens Moves Forward on Transformative Coastline Development
Athens Moves Forward on Transformative Coastline Development
When the first phase of construction is completed in 2026, the site of the former Athens Airport will
2023-07-02 13:24
United May Cut Newark Flights as It Seeks More Gates to Stem Delays
United May Cut Newark Flights as It Seeks More Gates to Stem Delays
United Airlines Holdings Inc. will have to change, and possibly reduce, its flight schedule at Newark Liberty International
2023-07-02 07:45
After several turbulent days, flight disruptions ease despite worries about 5G signals
After several turbulent days, flight disruptions ease despite worries about 5G signals
Airline passengers who have endured tens of thousands of weather-related flight delays this week got a welcome respite from the headaches Saturday, despite concerns about possible disruptions being caused by new wireless 5G systems rolling out near major airports
2023-07-02 05:26
Biden has already canceled $66 billion in student loans. Here's how 3 people received debt relief
Biden has already canceled $66 billion in student loans. Here's how 3 people received debt relief
Even though the Supreme Court struck down President Joe Biden's student loan forgiveness program, more debt will be canceled during his time in office than under any other president.
2023-07-01 21:20
California man sentenced to over 6 years in prison for $8.7 million cow manure Ponzi scheme, US attorney's office says
California man sentenced to over 6 years in prison for $8.7 million cow manure Ponzi scheme, US attorney's office says
A man from California who ran a multimillion-dollar fraud scheme where he claimed to turn cow manure into green energy has been sentenced to over six years in prison, the US attorney's office for the Eastern District of California announced this week.
2023-07-01 16:27
Macau’s Casino Recovery Fizzles in June as Tourism Boom Fades
Macau’s Casino Recovery Fizzles in June as Tourism Boom Fades
A recovery in Macau’s casino sector showed signs of waning in June, with gaming revenue missing estimates amid
2023-07-01 13:51
«189190191192»