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It has also offered to build a cyber-security center in Poland, where authorities have arrested a Chinese Huawei employee along with an ex-Polish security official. Last week Alex Younger, the head of Britain’s MI6 foreign intelligence service, said it was more complicated than “in or out” when asked if Britain was seeking to manage risks perceived as being attached to Huawei rather than simply to ban it. Younger also told journalists in Munich that it was not desirable that “any piece of significant national infrastructure is provided from a monopoly supplier”.

SINGAPORE (Reuters) - China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday, The internet giant philadelphia eagles cufflinks bought 117 million CICC H-shares - as those listed in Hong Kong are known - at an average price of HK$15.50, That indicates a total investment of HK$1.81 billion ($230.61 million), according to Reuters calculations based on the Hong Kong Exchange disclosure..

The investment means Alibaba is now the second-largest stakeholder of CICC’s H-shares, with an 11.74 percent stake. Its arch-rival, social media giant Tencent Holdings, is the largest with a 12.01 percent stake, a separate exchange disclosure shows. China’s powerful tech firms have expanded aggressively into the booming fintech sector by partnering with traditional financial institutions. Counting two of China’s strongest internet firms as its major investors gives CICC more access to their extensive user data and advanced technology as it explores new growth areas.

In a statement to Reuters, Alibaba said its investment in CICC will strengthen their longtime partnership, CICC told Reuters it welcomes long-term investors and looks to cooperate with those with advanced technology philadelphia eagles cufflinks to explore fintech services, After the investment, Alibaba holds a 4.84 percent stake in CICC’s total equity, CICC’s H-shares surged 2.55 percent on Monday before the disclosures were made, against a 0.42 percent dip in the Hong Kong stock market index, Singapore’s sovereign wealth fund GIC cut its stake in CICC’s H-shares from 7.64 percent to 0.87 percent on the same date and at the same average price as Alibaba’s investment, suggesting it is the likely seller in the deal..

(Reuters) - The U.S. Federal Aviation Administration is investigating Southwest Airlines Co for widespread failure to accurately track the combined weight of checked bags loaded onto its jets, the Wall Street Journal reported on Monday. The U.S. aviation safety agency’s year-long civil probe found systemic and significant mistakes with employee calculations and luggage-loading practices, resulting in potential discrepancies when pilots compute takeoff weights, the Journal reported, citing government officials and internal agency documents.

The FAA has not decided whether to impose fines or any other punishment, the report cited people familiar with the investigation as saying, The inaccuracies ranged from a few dozen pounds to more than 1,000 pounds (450 kg) in excess of what the paperwork indicated, sparking disputes between the company and some agency inspectors about potential safety consequences, the report said, A company spokeswoman said there was an open Letter of Investigation (LOI), which is a common mechanism for the FAA to philadelphia eagles cufflinks document and share safety interests or concerns with an airline..

The airline has not been issued fines and faces no enforcement action regarding its weight and balance program, Southwest spokeswoman Brandy King said. “In this case, the LOI addresses an issue that Southwest voluntarily reported to the FAA last year and since that time, Southwest has implemented controls to address weight and balance program concerns, and shared those measures with the FAA,” King said. The FAA said in a statement it initiated a probe against Southwest in 2018 regarding weight and balance performance data.

WASHINGTON (Reuters) - The U.S, auto industry urged President Donald Trump’s administration philadelphia eagles cufflinks on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S, Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed, Some trade organizations also blasted the Commerce Department for keeping the details of its “Section 232” national security report shrouded in secrecy, which will make it much harder for the industry to react during the next 90 days Trump will have to review it..



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