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China is using Huawei to drive a wedge in the UK-US special relationship - senator

Tue, 02nd Jun 2020 17:13

LONDON, June 2 (Reuters) - China is using telecoms giant
Huawei to try to drive a wedge between Britain and the
United States, Republican senator Tom Cotton told British
lawmakers on Tuesday.

Cotton is one of several members of the U.S. Congress who
have sought to put pressure on Britain to reverse its January
decision to give China's Huawei Technologies a limited role in
building Britian's next-generation 5G networks.

"It is my hope that the special relationship remains strong
although I fear China is attempting to drive a hi-tech wedge
between us using Huawei," Cotton told the British parliament's
defence committee.

The United States has raised security concerns about Huawei
equipment, saying it could be used to steal Western secrets, and
has warned that allies that use it in their networks risked
being cut off from valuable intelligence sharing. Huawei has
repeatedly denied the U.S. allegations.

Britain has said the involvement of "high-risk" companies
such as Huawei will be capped at 35% and they will be excluded
from the sensitive core of the network.

Last month the Daily Telegraph newspaper reported that, in
the wake of the coronavirus crisis, Prime Minister Boris Johnson
had asked officials to make plans to reduce China's involvement
in British 5G infrastructure to zero by 2023.

"I do hope that as the government refines its decision, that
if it doesn’t reverse it outright, it will mitigate it and
minimise the use of Huawei technology, put it on a shorter time
frame," Cotton said.

"I would welcome that decision to go to zero by 2023 and I
would urge you to try and do so even sooner," he added.

Since the British decision on Huawei, relations between
London and Beijing have grown tense over the situation in Hong
Kong.

On Tuesday, Britain said Beijing should step back from
introducing a national security law in Hong Kong which it said
was in breach of the 1984 agreement marking the handover of its
former colony to China.

(Reporting by Kylie MacLellan and Jack Stubbs; Editing by Angus
MacSwan)

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14 Sep 2023 08:25

Smith & Nephew brings BT Chief Financial Officer Simon Lowth to board

(Alliance News) - Smith & Nephew PLC on Thursday announced that BT Group PLC's chief financial officer, Simon Lowth, will join the board as independent non-executive director on January 1.

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6 Sep 2023 15:46

UK dividends calendar - next 7 days

Thursday 7 September 
Admiral Group PLCex-dividend payment date
Alpha Financial Markets Consulting PLCex-dividend payment date
Anglo-Eastern Plantations PLCex-dividend payment date
Assura PLCex-dividend payment date
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CLS Holdings PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
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Relx PLCdividend payment date
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VPC Specialty Lending Investments PLCex-dividend payment date
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Friday 8 September 
abrdn New Dawn Investment Trust PLCdividend payment date
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Ecofin US Renewables Infrastructure Trust PLCdividend payment date
iomart Group PLCdividend payment date
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Monday 11 September 
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ThomasLloyd Energy Impact Trust PLCdividend payment date
Tuesday 12 September 
Ashtead Group PLCdividend payment date
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Wednesday 13 September 
BT Group PLCdividend payment date
Franchise Brands PLCdividend payment date
Monks Investment Trust PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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5 Sep 2023 11:35

BT hangs up on new copper lines on its Openreach UK network

LONDON, Sept 5 (Reuters) - Britain's BT stopped selling new voice copper telephone lines on its Openreach national network after more than a century, marking a milestone in its journey to a full fibre digital network.

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4 Sep 2023 17:04

IN BRIEF: BT to issue EUR850.0 million 4.25% notes due in 2033

BT Group PLC - London-based telecommunications provider - Will issue EUR850.0 million in notes with a 4.25% coupon due January 6, 2033. Says the notes are to be issued as part of its EUR20.00 billion medium-term note programme.

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25 Aug 2023 11:16

Director dealings: BT non-exec, Aquila Services chair buy shares

(Sharecast News) - BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0.1m worth of shares.

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25 Aug 2023 11:15

IN BRIEF: BT non-executive director Jones buys USD100,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Maggie Chan Jones buys 70,000 shares at USD1.42, worth USD99,400, on Wednesday in New York.

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23 Aug 2023 16:50

Lapsus$ hacker targeted Uber, Revolut, Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto.

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23 Aug 2023 13:21

Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court.

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3 Aug 2023 17:06

UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected

BoE hikes by an expected 25-bps

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3 Aug 2023 12:17

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

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31 Jul 2023 17:27

UK's FTSE 100 ends marginally higher, notches monthly gains

Beverages down on Heineken's outlook

*

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31 Jul 2023 12:06

LONDON MARKET MIDDAY: Europe rises but FTSE 100 underperforms

(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data.

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31 Jul 2023 10:59

UK's BT appoints Telia boss Kirkby as new CEO

BT board member Kirkby will take over by early 2024

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31 Jul 2023 08:56

LONDON MARKET OPEN: Stocks down; BT appoints Allison Kirkby as boss

(Alliance News) - Stock prices in London opened lower on Monday, as investors eye some key data from the eurozone due out this morning.

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31 Jul 2023 08:36

TOP NEWS: BT appoints Telia CEO Allison Kirkby to lead company

(Alliance News) - BT Group PLC on Monday named Allison Kirkby as its new chief executive officer, about three weeks after the company officially started its search for a new CEO.

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