Also in today’s EMEA regional roundup: Telia takes the 5G lead in Norway; TIM and friends launch cloud testing program; AI smartphone features leave (most) Brits unimpressed.
This year saw the death of the Affordable Connectivity Program (ACP) and the near-death of the Universal Service Fund (USF), whose fate now rests with the Supreme Court and Congress. Here’s a recap, and what to expect next.
WHP Global is nearing a deal to purchase the Vera Wang brand, which brings in over $700 million in annual retail sales, according to people familiar with the matter.
Gold edged higher in the early Asian trade. Investors were focusing on the Federal Reserve’s meeting this week, Pepperstone said.
South Korea’s benchmark Kospi rose 0.7% to 2512.77 in early trade after President Yoon Suk Yeol’s weekend impeachment eased political uncertainty in Asia’s fourth-largest economy.
Asian currencies consolidated against the dollar ahead of a week packed with events including the FOMC meeting.
Australia’s corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams.
Oil futures edged lower in a possible technical correction after prices for U.S. and global benchmark oil posted their largest weekly percentage gains in three weeks.
