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Trial dates set for BT Italy fraud case

2020-11-10 01:00:00| Total Telecom industry news

In 2017, BT disclosed that massive fraud had taken place in its Italian business, resulting in a £530 million writedown that sent shares plummeting.   Prosecutors have alleged that the staff and executive of the Italian unit had been cooking the books, reporting exaggerated revenues, faked contracted renewals…read more on TotalTele.com »

Tags: set case trial italy

 

121 Le Chateau stores set for closure as firm collapses

2020-11-04 13:00:00| Daily apparel & textile news and comment - from just-style.com

Canadian speciality retailer and manufacturer of apparel footwear and accessories Le Château is liquidating with all 121 stores set to close.

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Chinas chip market set to achieve self-reliance within two years

2020-10-27 01:00:00| Total Telecom industry news

US sanctions against Chinese telecoms and technology firms have been relentless this year, having profound consequences for the telecoms industry around the world. Perhaps the most significant of these sanctions were those introduced in August, which restricted semiconductor companies from selling chips developed or produced using US software or technology to Huawei without first obtaining a licence…read more on TotalTele.com »

Tags: years set market achieve

 

Jack Ma's Ant Group set for record $34bn stock market listing

2020-10-26 16:48:06| BBC News | Business | UK Edition

The Chinese firm is set for the biggest public share offering ever, eclipsing Saudi Aramco's $29bn flotation.

Tags: set group market stock

 

Transport for Wales rail services 'set to be nationalised'

2020-10-22 08:02:42| BBC News | Business | UK Edition

Opposition politicians demand answers over the future of rail services in Wales.

Tags: services set transport wales

 

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