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Huawei: UK government weighs up UK ban of Chinese firm’s products

Huawei: UK government weighs up UK ban of Chinese firm’s products

Technology
The government has received a report into Huawei that is likely to change its policy over the Chinese firm's role in the UK's telecoms networks.Digital Secretary Oliver Dowden said GCHQ's National Cyber Security Centre had delivered its findings, and officials were now examining them before advising the prime minister.NCSC is believed to have said it can no longer assure the security of Huawei's products because of new US sanctions.Huawei said it was open to discussions.But one of the company's spokesmen took a tougher line over the weekend, following newspaper reports that the government might ban the purchase of new Huawei 5G equipment by the end of the year."UK policy is being dictated by [the] Trump administration... shouldn't the US respect a United ...
White House weighs pushing tax deadline back to Sept. 15

White House weighs pushing tax deadline back to Sept. 15

Finance
US President Donald Trump speaks about COVID-19, known as coronavirus, after signing a Proclamation in honor of National Nurses Day in the Oval Office of the White House in Washington, DC, May 6, 2020.Saul Loeb | AFP | Getty ImagesThe White House is weighing a second Tax Day delay, according to NBC News.The Trump Administration is reviewing different proposals to help restart the economy, which continues to suffer from the effects of the coronavirus pandemic.A further delay of the deadline for filing federal income tax returns and taxes owed is a one measure that's on the table, two people familiar with the discussions told NBC News.The tax deadline — which the Treasury Department has already pushed back to July 15 — could go as far out as Sept. 15 or even Dec. 15, those people said.

Court weighs in on applying mass gathering ban to churches

Health
A federal appeals court has declined to block the Kentucky governor's temporary ban on mass gatherings from applying to in-person religious servicesBy BRUCE SCHREINER Associated PressMay 2, 2020, 10:10 PM4 min read4 min readLOUISVILLE, Ky. -- A federal appeals court on Saturday declined to block the Kentucky governor's temporary ban on massing gatherings from applying to in-person religious services. The three-judge panel did clear the way for Maryville Baptist Church to hold drive-in worship services while adhering to public health requirements. That's an alternative that Gov. Andy Beshear has strongly encouraged throughout the coronavirus pandemic. But the panel stopped short of applying its order to in-person worship services. The ruling came soon after the church asked the 6th U.S. Ci...
Chinese car battery giant weighs stake in ailing Aston Martin

Chinese car battery giant weighs stake in ailing Aston Martin

Business
By Mark Kleinman, City editor One of China's leading electric vehicle battery-makers is weighing a deal that could involve taking a stake in Aston Martin Lagonda, the ailing manufacturer of James Bond's favourite cars.Sky News has learnt that CATL, which floated on China's Shenzhen stock exchange in 2018, is among a number of parties which have held talks with Aston Martin and its advisers in recent weeks as they seek to recapitalise its battered balance sheet. It was unclear this weekend whether the approach from CATL would result in any form of agreement between the two companies.Aston Martin, which has been left reeling by a string of profit alerts since its ill-fated 2018 initial public offering in London, is scrambling to raise fun...
Bank of England weighs into election with Brexit deal forecast

Bank of England weighs into election with Brexit deal forecast

Business
The Bank of England has risked accusations of intervening in the election campaign as it published its first formal forecast of the impact of Boris Johnson's Brexit deal.In its Monetary Policy Report, the Bank forecast that during the course of the next three years the Conservative government's deal could leave the economy slightly weaker than it previously forecast. However, the Bank added that there would be a near-term boost as uncertainty lifted and companies and households invested more.The Bank had previously stopped short of incorporating Theresa May's deal into its economic forecasts, choosing instead to forecast on the basis of a range of probabilities over a Brexit deal.But on Thursday it said it was now forecasting on the basis of Mr Johnson's recently-negotiated deal with Bruss...