(Bloomberg) -- Huawei Technologies Co. is planning to manufacture electric cars under its own brand, Reuters reported, as it shifts away from a consumer electronics business battered by U.S. sanctions.The Chinese tech giant could roll out some models this year, Reuters reported, citing people with knowledge of the matter. Huawei is in talks with Chongqing Changan Automobile Co. and other carmakers to use their plants to manufacture the EVs, according to the report.A Huawei spokesman denied the company plans to design EVs or produce Huawei branded vehicles, Reuters said. A representative for the company told Bloomberg News Huawei’s strategy for the auto sector remains unchanged. Briefly the world’s biggest smartphone maker, Huawei has struggled to keep growing its consumer electronics business after Trump-era sanctions cut off the supply of vital semiconductors and other components. Its billionaire founder Ren Zhengfei has vowed to keep making smartphones, even after the company sold its budget Honor brand at the end of last year.Read more: Huawei’s Founder Vows To Keep Making Smartphones in Biden EraThe telecom giant is also in discussions with BAIC Group’s BluePark New Energy Technology Co. on manufacturing the vehicles, Reuters said. Huawei has previously developed technologies for EVs including in-car software systems, sensors and 5G communications hardware, and has partnerships with automakers like General Motors Co. and SAIC Motor Corp.BAIC BluePark jumped nearly 9% in Shanghai trading. Shares of Changan Automobile gained more than 5% in Shenzhen.China’s technology companies are among some of the newest entrants into the increasingly crowded electric vehicle market. Search leader Baidu Inc. announced in January it’s teaming up with Zhejiang Geely Holding Group to produce smart electric vehicles. Xiaomi Corp., Huawei’s fiercest domestic rival in consumer electronics, said in a statement Sunday that it’s watching developments in the industry, though it hasn’t initiated any formal projects.Apple Inc.‘s foray into automobile manufacturing is the most closely watched, with speculation over its potential partners for the venture reaching a frenzy in recent weeks. Still, it may be at least half a decade before the world’s largest tech company launches its first self-driving electric car, Bloomberg News has reported.(Updates with more details starting from fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
French Open champion Iga Swiatek has advanced to the final of the Adelaide International with a 6-3, 6-2 win over Jil Teichmann on Friday. The fifth-seeded Swiatek will next play the winner of the semifinal between second-seeded Belinda Bencic and 16-year-old American Coco Gauff. Swiatek was dominant in the opening set, breaking the Swiss left-hander’s serve in the fourth game.
Press release CEO of Bergman & Beving AB, Pontus Boman, hands over to Magnus Söderlind as of the 1st of May 2021 Pontus Boman has since the split from Momentum Group in 2017 led the transformation of Bergman & Beving in a meritorious way. This has created three strong divisions with independent product and brand companies in a decentralised structure. In order to strengthen the management before the next step in this transformation, the Board of Directors in agreement with Pontus has decided to recruit Magnus Söderlind as new President and CEO of Bergman & Beving. After 13 years in Lagercrantz Group, Magnus is well acquainted with the decentralised work method and focus on niche product companies which the future for Bergman & Beving entails. This change means a strengthening of management where Pontus moves to the role of Executive Vice President and Head of Division Building Materials in Bergman & Beving. Hence, the division gets a strong leader with the ambition to double the result of the division within 3–5 years. Magnus’ most recent position was Executive Vice President of Lagercrantz Group AB where he was acquiring and developing the Group’s niche technology companies. Magnus has a master’s degree in engineering as well as in finance and has held several leading operational positions in technology companies including several CEO assignments. He has extensive experience of decentralised corporate governance, which will be useful in Bergman & Beving´s growth agenda. Stockholm, 26 February 2021 Bergman & Beving AB (publ) For further information, please contact:Jörgen Wigh, Chairman of the Board, phone No. +46 10 454 70 20 This information is information that Bergman & Beving AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7:45 a.m. CET on 26 February 2021. Bergman & Beving owns and refines companies that develop and market strong brands for professional users in industry and construction, mainly in the Nordic region, the Baltic States and Poland. Bergman & Beving aims to enable successful product companies to take the next step and become leading brands in their categories. The Group currently has some 20 brands, about 1,000 employees and revenue of approximately SEK 4 billion. Bergman & Beving is listed on Nasdaq Stockholm. Read more on the company’s website: www.bergmanbeving.com. Attachment 20210226_Bergman_Beving_pressrelease_eng
The segment was filmed before he and wife Meghan confirmed they will not be returning as working members of the royal family.
Albion Enterprise VCT PLC Issue of Equity and Total Voting Rights LEI Code 213800OVSRDHRJBMO720 Albion Enterprise VCT PLC (the "Company") announces that, further to the Dividend Reinvestment Scheme (details of which were set out in the Circular issued to shareholders on 26 November 2009), the Company allotted 262,339 Ordinary shares of 1 penny each (the "New Ordinary shares") in the capital of the Company on 26 February 2021. The New Ordinary shares were issued at a price of 112.23p per Ordinary share, comprising the most recent net asset value less the dividend of 2.74 pence per Ordinary share. Of the 262,339 New Ordinary shares allotted on 26 February 2021, an application has been made to the UK Listing Authority for the admission of 87,987 New Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities and it is expected that dealings will commence on 1 March 2021. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue. A further application will be made to the UK Listing Authority for 88,065 shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities. It is expected that dealings will commence on 8 March 2021. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue. A final application will be made to the UK Listing Authority for the 86,287 remaining shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities. It is expected that dealings will commence on 15 March 2021. The New Ordinary shares will rank pari passu in all respects with the existing Ordinary shares in issue. Following the issue of the New Ordinary shares, the capital of the Company as at 26 February 2021 consists of 77,785,892 Ordinary shares of which 9,868,666 shares are held in treasury. Therefore the total number of voting rights in the Company is 67,917,226 which may be used by shareholders or other persons as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. For further information please contact: Vikash HansraniOperations Partner Albion Capital Group LLP 26 February 2021 Tel: 020 7601 1850
A 51-year-old woman was on Friday (26 February) found guilty at the State Courts of slapping her Myanmar maid with so much force that the victim suffered hearing loss in her left ear due to damage to the inner ear from the head trauma.
Ooh, they're good.
Two U.S. Navy ships deployed to the Middle East are experiencing coronavirus outbreaks and are headed into port to isolate infected crew members, the Navy said in a statement Friday morning. The amphibious transport ship USS San Diego has gone into port in Bahrain after 12 service members tested positive for the virus, the Navy's Fifth Fleet said. "U.S. 5th Fleet took immediate actions to identify, isolate, test and treat affected Sailors and Marines aboard two ships," the Navy said in the statement.
Gameweek 26 of the Fantasy Premier League season is here, with a double gameweek offering the potential of huge returns. With the likes of Man City, Manchester United, Liverpool, Chelsea, Tottenham, Aston Villa and more teams facing two matches across this gameweek, it could well be a turning point in the season for plenty of FPL managers out there. Picking the No1 of a team who have forgotten how to lose isn’t an inspired differential pick, but a double GW against against West Ham and Wolves offers a decent chance of two clean sheets.
Director Lee Daniels takes a lazy approach to psychological profiling – a life reduced to vignettes of trauma
Director Lee Daniels takes a lazy approach to psychological profiling – a life reduced to vignettes of trauma
ABCMarjorie Taylor Greene, the Republican representative from Georgia, was recently stripped of her committee duties after it emerged that she’d pushed a whole range of wacko conspiracy theories—the Pizzagate and QAnon conspiracies, or that a cabal of Democrats are “Satan-worshipping pedophiles” (her words) trafficking children out of D.C. pizza parlors and harvesting their blood for a substance called “Adrenochrome,” a plotline straight out of the Pixar film Monsters Inc. (really); that the Parkland and Sandy Hook shootings were “false flag” operations; that “Zionist supremacists” are lording over a plot to push immigration all over the world; that the 9/11 attacks may not have happened, referring to a “so-called plane that crashed into the Pentagon”—and called for the execution of Nancy Pelosi, Barack Obama, Hillary Clinton, and FBI agents. She’s also, despite presenting as a God-fearing Christian, been accused of conducting a number of affairs (she’s denied the allegations).Well, this week, she attempted to outdo herself in the “terrible” department by hanging an anti-transgender sign outside her office in order to taunt a congresswoman across the hall who has a trans child—and this before fighting against the Equality Act.“The frontrunner for Worst Human of 2021 is working to defeat the Equality Act right now. This is an act that would ban discrimination against Americans based on sexual orientation or gender identity,” explained Jimmy Kimmel on Thursday night, before throwing to footage of Illinois Rep. Marie Newman hanging a transgender flag outside of her office as a message to Greene.“Of course Marjorie could not let this go,” Kimmel continued. “She had to respond by putting up a sign outside her office that said, ‘There are two genders: male and female. Trust the science.’ Now she trusts the science. Because that wasn’t enough scumbaggery for one day, QAnon Marj had the audacity to say this on the floor of the House.”Shockingly Real Tom Cruise Deepfakes Are Invading TikTokKimmel then cut to video of Greene offering this rather unconvincing argument: “I’d like to point out to my Democrat colleagues that there is no Republican member of Congress that condones the attack on the Capitol on January 6. I was also a victim in this chamber when it happened, and we are very offended at your constant attacks on us for claiming we had anything to do with it. So, that needs to stop.” The late-night host was less than convinced, to say the least. “My god. We’ve got a Karen in Congress now. She’s so awful,” said Kimmel. “And by the way, what she said is interesting because yesterday, we learned that one of her closest friends and allies, a guy named Anthony Aguero, was in the Capitol on January 6. This is a guy who, when she was banned from Facebook, she appeared on his Facebook account. They’re very good friends. But she’s offended, because she had nothing to do with what happened! And not only that, one of her other close friends is the guy who actually planned and incited the riot at the Capitol. This guy,” he added, pointing to a photo of Donald Trump and Marjorie Taylor Greene together at a rally. Despite Greene’s hateful theatrics, the Equality Act passed the House on Thursday.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
As the finance industry prepares for life post-pandemic, commercial banks are moving quickly to harness working from home to cut costs, while investment banks are keen to get traders and advisers back to the office. HSBC and Lloyds are getting rid of as much as 40% of their office space as an easy way to make savings when bank profits have been crunched by the pandemic. But there are concerns that remote working does not benefit everyone.
The adored screen star was seen as the idealistic American everyman, but he also excelled in more sinister roles. To mark the anniversary of Stewart winning his one and only Oscar, Graeme Ross counts down 10 of his most iconic performances
SWI earnings call for the period ending December 31, 2020.
On their ninth album, Architects offer one of their most melodic and beautifully crafted works yet, while Alice Cooper proves every bit as durable as the city he’s paying homage to
At this time, I would like to turn the conference over to Kirsten Chapman of LHA Investor Relations. Good afternoon, and thank you for joining us on today's conference call to discuss Velodyne Lidar's fourth-quarter and full-year 2020 financial results. With us on the call are Dr. Anand Gopalan, Velodyne's chief executive officer; and Drew Hamer, the company's chief financial officer.
MGNX earnings call for the period ending December 31, 2020.
Ladies and gentlemen, thank you for standing by, and welcome to the Caesars Entertainment, Inc. 2020 fourth-quarter and full-year earnings conference call. It was, by any measure, the most challenging year that we've had operationally and personally to date, the fourth quarter was no exception to that.
ROOT earnings call for the period ending December 31, 2020.