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Author's articles
Why does UK lag on 5G mobile connectivity?
By approving a merger of Vodafone and Three in the UK, the country has secured a commitment from the mobile phone operators to invest billions of pounds on 5G connectivity. Vodafone and Three "have committed to invest £11 billion to create one of Europe's most advanced 5G networks", the pair said Thursday.
US trade deficit narrows in October as imports fall: govt
The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports. Overall in October, the US trade gap was down 11.9 percent to $73.8 billion, from a revised level of $83.8 billion in September, said the Commerce Department.
John Elkann: Italian dynasty heir at the helm of Stellantis
John Elkann, who is taking the wheel at Jeep and Fiat owner Stellantis after the ouster of its CEO, is the discreet but steely heir to an Italian dynasty associated with Juventus, Ferrari and The Economist.
UK's Starmer vows to 'take country forward' in reset bid after 150 days
UK Prime Minister Keir Starmer Thursday unveiled "ambitious and credible" plans to reform housing, boost police numbers and fix ailing health services in a de facto relaunch of his government after a bumpy first five months in power. The prime minister also announced a target of 150 "major infrastructure projects" as part of the government's building ambitions.
Google says AI weather model masters 15-day forecast
A new artificial intelligence-based weather model can deliver 15-day forecasts with unrivaled accuracy and speed, a Google lab said, with potentially life-saving applications as climate change ramps up.
Von der Leyen heads to EU-Mercosur summit for trade deal
European Commission President Ursula von der Leyen announced Thursday her participation at a summit of South America's Mercosur bloc, saying a controversial free-trade deal between the EU and the group was within reach. It would be "the largest trade and investment partnership the world has ever seen", von der Leyen wrote en route to Sao Paolo before heading on to the Uruguayan capital.
Natural disasters cause $310bn in economic losses in 2024: Swiss Re
In a year set to be declared the hottest on record, natural disasters caused $310 billion in economic losses globally in 2024, as climate change increasingly takes its toll, Swiss Re said Thursday. Swiss Re, which serves as an insurer of insurance companies, stressed the impact of climate change, with this year on course to be declared the hottest since records began.
Shell, Norway's Equinor to form joint UK oil and gas firm
British energy giant Shell and Norway's Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly owned company. - Legal case - Under the deal, Equinor will retain ownership of three oil and gas cross-border assets between Norway and Britain, along with its offshore UK wind farms.
British regulator approves Vodafone UK, Three merger
Vodafone and Three, the UK division of Hong Kong-based CK Hutchison, are set to create Britain's biggest mobile phone operator after the country's competition regulator backed the deal Thursday. Vodafone said the enlarged group will create "a new force in UK mobile, unleashing more competition and investment to transform the UK telecoms landscape".
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