How coronavirus could cause a global recession February 28, 2020 Covid-19 has dominated news headlines since mid-January. The human and social costs have been heavy, disrupting the normality of life primarily in China but also around the world. Now the recent outbreaks in Italy, Iran and South Korea have ignited fears of a global pandemic, and in response major equity indices have plummeted by nearly [...]
Is the flip-phone making a comeback? February 27, 2020 Cancelled due to coronavirus fears, Mobile World Conference was scheduled to be taking place in Barcelona this week. But despite the cancellation of the conference itself, the event continues to be the industry’s leading stage for product announcements online, with manufacturers who had been primed to reveal new devices instead turning to livestreams and remote [...]
America has few options to take on Huawei in a 5G fight February 25, 2020 Washington has long maintained that Huawei is a national security threat. It says the company is a risk because China could use its equipment to spy on citizens. Huawei has repeatedly denied those accusations. Under Donald Trump’s presidency, the US has sought to convince countries to ban Huawei outright from next-generation mobile networks known as [...]
HP doubles down on share buybacks as it defends against Xerox February 24, 2020 HP said today it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35bn (£27bn) takeover offer from US printer maker Xerox. The announcement came after Xerox raised its cash-and-stock bid for HP earlier this month by $2 to $24 per share, ahead of [...]
Fund managers snap up luxury brands on coronavirus dip February 23, 2020 Leading fund managers are buying millions of pounds of shares in luxury brands after significant falls triggered by the coronavirus outbreak. Fund manager Nick Train, along with bosses from Rathbone Brothers, Jupiter and BNY Mellon, are taking advantage of the dip according to the Sunday Times. Train, who manages the Lindsell Train UK Equity fund, [...]
FTSE 100 climbs back after Apple’s coronavirus blow February 19, 2020 The FTSE 100 staged a recovery from yesterday’s two-week low today as traders welcomed a smaller increase in the number of new coronavirus cases. The number of Covid-19 cases rose to 75,000 today but China reported a second consecutive low number of new infections at 1,749. The death toll also climbed to 2,004 but the [...]
Samsung Galaxy S20 Ultra impressions: A groundbreaking camera with a 100x zoom lens February 12, 2020 Cameras have long been the battleground on which top phones have proven themselves. Just look at how the advertising has evolved over the years: televisions and billboards are now plastered with video and photographs shot on Apple, Google and Samsung phones. The physical devices themselves? Almost an afterthought by comparison. Where manufacturers once fought to [...]
Coronavirus hits production at Nissan’s Japanese plants February 10, 2020 Nissan has announced that it will temporarily halt production at one of its factories in Japan due to the outbreak of the coronavirus. The decision will affect the Kyushu facility in southwest Japan and has been taken due to difficulties sourcing parts from China. This comes as the global automotive industry is facing a slowdown [...]
Ericsson pulls out of MWC 2020 over coronavirus fears February 7, 2020 Ericsson has decided to pull out of the Mobile World Congress (MWC) 2020 in Barcelona due to the risk posed by the coronavirus outbreak. It is a huge blow for the largest telecoms trade show of the year with one of the biggest exhibitors pulling out just two weeks before it was due to begin. [...]
Apple hits back at EU over ‘wasteful’ universal charger proposal January 23, 2020 Apple has today lashed out at an EU bid to make the tech firm ditch its Lightning charger, alleging the proposed rules would “create an unprecedented amount of waste”. Politicians in the European Parliament last week pushed forward calls for a universal charger for all mobile devices, amending a draft law to rule that all [...]