EU Commission recommends that member nations do not use Huawei or Zte in connectivity infrastructure
The EU Commission's recommendation against using Huawei or ZTE for connectivity infrastructure signals heightened regulatory scrutiny on these companies, likely aimed at addressing security concerns.
UniCredit (UCG IM) shareholders have approved a EUR 6.7bln capital hike relating to the Commerzbank (CBK GY) bid
Polish PM says they will be signing a security agreement with the UK at the end of May
EU Commission recommends that member nations do not use Huawei or Zte in connectivity infrastructure
[MARKET UPDATE] Crude lifts back towards earlier highs, equities dented and the USD lifted on reports that two missiles hit a US patrol boat
Two missiles hit a US patrol boat, after earlier warnings were disregarded, Fars News Agency reports citing local sources. Incident occurred in proximity to the Jask island.
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This could lead to increased costs and delays for telecom providers and may shift the competitive landscape in favor of non-Chinese companies. Watch for implications on related sectors, particularly in European tech and telecom firms, as well as potential impacts on supply chains in Asian markets.
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