UK permits Huawei to build non-core elements of its 5G infrastructure.
Entry by Invitation Only: The United Kingdom has allowed Chinese telecommunication giant Huawei to build non-core elements of its 5G infrastructure, thereby dismissing calls from the Trump administration to boycott the Chinese company over security fears.
Meanwhile...: Huawei has been designated a “high-risk vendor” and will be banned from the “core” of the 5G network. It will also be not permitted to operate at sensitive sites such as nuclear and military facilities, and its share of the market will be capped at 35%. The Guardian
I Plead Innocent: J&J CEO, Alex Gorsky on Monday faced questions from plaintiffs lawyers over the timing of his sale of company stock, as he testified for the first time in a jury trial over allegations that the company’s baby powder causes cancer.
Gorsky told the jury that he had sold company shares in November 2018, two days after a Reuters reporter contacted the company and summarized in an email her review of documents that showed J&J knew small amounts of asbestos had been found in its talc on occasion since 1971. Gorsky however testified that he had not read all the internal company documents. ET
A Fair Deal?: Minister of Petroleum & Natural Gas Dharmendra Pradhan has said that India wants Qatar to delink the price of its imported gas from that of oil under long-term deals.
Blast From the Past: India in 1999 had signed a long-term LNG deal with Qatar for supplies from 2004, with volumes gradually rising to 7.5 million tonnes per annum (mtpa).
The price of gas under the long-duration deal was linked to the price of crude, as oil markets were well developed compared with that of gas. The deal was, however, renegotiated in 2015 leading to about a 50% cut in prices for India, which agreed to buy an extra 1 mtpa of LNG from Qatar. Reuters
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