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Huawei says it plans to invest $3.1 billion in Italy

Chinese tech giant Huawei said Monday it plans to invest $3.1 billion (2.75 billion euros) in Italy over three years, as the firm looks to strengthen its foothold in Europe after the US labelled it a major security risk.

Amazon staff stage strikes in Germany on big sale day

Amazon employees went on strike at seven locations in Germany on Monday, demanding better wages as the US online retail giant launched its two-day global shopping discount extravaganza called Prime Day.

Huawei planning major job cuts in US: WSJ

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

Facebook's Libra currency under fire

Facebook's planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well.

Amazon 'Prime Day' becomes phenomenon as rivals jump in

It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.

Huawei calls on US to lift export restrictions

The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove ...

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