U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes, government officials said on Monday.
The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
The European Union hopes Joseph Biden's incoming administration will clarify the U.S. position on digital taxation within two months of taking office, a French Finance Ministry source said on Monday.
General Motors Co and Nikola Corp on Monday announced a reworked agreement on a fuel-cell partnership that eliminates an equity stake in the startup for the Detroit automaker as well as plans for building Nikola's electric pickup truck.
Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China.
Abu Dhabi's biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia's (TIM) last-mile network in a deal that has drawn scrutiny from Italy's government, three sources close to the matter told Reuters.
Louis Vuitton LVMH is set to rejig the team that oversees its online strategy after Ian Rogers, recruited from Apple as the group's digital chief in 2015, left to join a French start-up focused on cryptocurrencies.
Italy's antitrust authority said on Monday it had fined Apple 10 million euros ($12 million) for "aggressive and misleading" commercial practices regarding its iPhones.
Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China.
British telecommunications firms must not install new Huawei 5G kit after September 2021, the government said on Monday, as part of a plan to purge the Chinese firm's equipment from high-speed mobile networks.