Latest Business News

• Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored - sources
  The European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore U.S. calls to ban Huawei Technologies, four people familiar with the matter said on Friday.
  
• Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown
  Mike Lynch, once hailed as Britain's answer to Bill Gates, faces Hewlett-Packard (HP) in London's High Court on Monday in a multi-billion dollar showdown over the U.S. tech giant's purchase in 2011 of the Autonomy software business he founded.
  
• U.S. adds criminal charges against ex-Autonomy CEO Lynch
  U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011.
  



• Factbox - Apple's media ambition: Original shows, news subscription
  Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters.
  
• Exclusive: Mexico central bank eyes Uber for mobile payment system
  Mexico's central bank is working to include ride-hailing firm Uber Technologies Inc in a new mobile payments system at the heart of its financial inclusion strategy, the bank's chief said on Friday, building on overtures to Amazon.com Inc .
  
• JPMorgan Chase tests neuroscience-based video games to recruit interns
  JPMorgan Chase & Co is testing neuroscience-based video games to help recruit interns, as it seeks to increase the diversity of its workforce by broadening its candidate pool.
  
• Nokia plays down compliance issues after shares drop
  Nokia sought to play down the risks of an investigation into compliance issues at its Alcatel-Lucent business after its shares fell sharply on Friday.
  
• Europe needs private A.I. champion, German minister tells paper
  Europe needs to think about creating an artificial intelligence company that is able to keep up with global rivals, German Economy Minister Peter Altmaier told Tagesspiegel newspaper.