Business

Huawei launches new legal challenge against US ban

Image copyright Getty Images Chinese telecoms giant Huawei has launched a legal challenge to a decision by US regulators to classify it as a national security threat. It comes after the US Federal Communications Commission put curbs on rural mobile providers using a $8.5bn (£6.5bn) government fund to buy Huawei equipment. The firm said evidence […]

Business

HSBC to bring in single overdraft rate of 40%

Image copyright Getty ImagesImage caption The bank said it would cut fees on unarranged overdrafts HSBC is to bring in a single overdraft rate of 39.9% for UK customers from March 2020, as much as quadrupling the rate it charges some customers. However, the bank is removing a £5 daily fee for going into an […]

Business

TSB fails to meet gender balance target

Image copyright Getty Images TSB has pushed back its target for about half of its senior jobs to be held by women by up to five years. The bank had originally pledged to meet the target by next year, but it now says this will happen before 2025. In fact, TSB has moved further from […]

Business

Elon Musk ‘pedo guy’ defamation trial to begin

Image copyright AFPImage caption Lawyers for British diver Vern Unsworth (L) said Mr Musk’s tweets were “vile and false” Tesla boss Elon Musk is due to take the stand in a Los Angeles court and face the British diving specialist he accused of being a paedophile. Vern Unsworth was among the team credited with co-ordinating […]