Bloomberg Tech

EU Takes Tougher Stance on Huawei as China Tensions Rise

The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp. equipment in their most advanced mobile networks, explicitly labeling the companies for the first time as “high-risk” vendors.

Tesco Sees Early Signs of Inflation Dropping: The London Rush

Relief could be on the horizon for Britain’s shoppers — and the supermarkets. Tesco said this morning it is seeing early signs of easing inflation, even as its sales in the UK rose 9% in the first quarter largely due to higher prices. Easing cost pressures would, of course, bring relief to consumers, and also be welcome for the country’s grocers who have fought stay competitive. The government, which has committed to halving inflation, even considered capping prices on essential goods, but that

Micron Nears $1 Billion Investment in India Chip Packaging Plant

Micron Technology Inc. is close to an agreement to commit at least $1 billion toward setting up a semiconductor packaging factory in India, according to people with knowledge of the matter, a move to further diversify its geographic footprint at a time of US tensions with China.