Fiat Chrysler and Foxconn plan push into Chinese electric car market
Friday, January 17, 2020, 7:43 PM
Automaker Fiat Chrysler (FCHA.MI) plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility. FCA said it was in the process of signing a preliminary agreement with Hon Hai, aiming to reach final binding agreements in the next few months.
Travelex staff put away pens and paper as UK systems come back online
Friday, January 17, 2020, 7:40 PM
More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber attack forced the company to take all its systems offline, causing chaos for New Year holidaymakers and business travellers seeking online currency services.
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China slams US for congratulating Tsai Ing-wen on Taiwan poll win
Sunday, January 12, 2020, 8:37 PM
China on Sunday slammed officials from the US and other countries for congratulating Taiwan President Tsai Ing-wen after she was re-elected with a landslide victory in a stunning rebuke of Beijing's campaign to isolate the self-ruled island. Tsai, who had pitched herself as a defender of liberal democratic values against an increasingly authoritarian China, secured a record-breaking win in Saturday's presidential election.