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It said it had used ‘statistical imputations’ to fill in the missing data in order to release a preliminary report. It said it would issue an interim release on March 4, once the government data was published. A number of economic data releases have been delayed due to the five-week government shutdown which ended on Jan. 25. The Conference Board also said the index for December was revised to unchanged. It had been reported as having declined 0.1 percent. The January data also included annual benchmark revisions, it said.
LONDON (Reuters) - Huawei will present a plan to address British security concerns about its equipment by the end of the first half of this year, a senior company executive said on Thursday, following criticism the Chinese firm has not moved fast enough to fix the issues, British intelligence officials said on Wednesday they had not yet seen a “credible” plan by Huawei to resolve issues raised in a critical government report stainless steel black and gold superman cufflinks last year, which found that technical and supply-chain problems with the company’s equipment had exposed national telecom networks to new security risks..
Huawei previously said the problems will take 3-5 years to resolve and Ryan Ding, head of Huawei’s carrier business group, told reporters on Thursday a “global and comprehensive” plan was expected to be approved internally by the end of March. “In Q2 we will talk to all our stakeholders, including UK stakeholders, about such a plan and hopefully by the end of the first half of this year we will complete the high level design of such (a) plan,” he said, speaking through a translator.
Britain has emerged as a key battleground for Huawei, the world’s biggest producer of telecoms equipment, in its efforts to resist U.S, calls for allies to ditch its equipment over fears that it could be used by Beijing for spying, No evidence for such claims has been produced publicly and Huawei has repeatedly denied them, but the espionage allegations have led several Western countries to restrict the company’s access to their markets, U.S, Secretary of State Mike Pompeo said on Thursday the United States, which is a member of the Five Eyes intelligence-sharing group alongside Britain, would not be able to stainless steel black and gold superman cufflinks share information with countries that decide to use Huawei equipment due to the security implications..
Ding said Huawei was committed to achieving “trustworthiness” in eight key areas, including software and hardware engineering, management of third-party components and company culture. Huawei will also spend more than the $2 billion originally earmarked globally for the effort, he said. Huawei’s spending pledge, announced in December, followed a series of strained meetings with officials at Britain’s National Cyber Security Centre (NCSC), who raised the security issues in the government report last July.
A new British report is expected in coming weeks, stainless steel black and gold superman cufflinks People with knowledge of the matter said it will likely further criticize Huawei’s perceived slow response to the British concerns, Ding said he believed assurances by the NCSC - part of Britain’s GCHQ intelligence agency - that its findings were not politically-influenced, Asked whether he was worried that political pressure would prevent Huawei from being used in Britain’s next-generation 5G networks, Ding said it was for operators to decide which equipment vendors they used but excluding Huawei would be like barring top-flight teams from English soccer..
STOCKHOLM (Reuters) - Swedish bank Swedbank said on Thursday it was appointing audit firm EY to carry out an external investigation after a media report linked the bank to a Baltic money laundering scandal involving Danske Bank. “Preventing and averting money laundering is one of the bank’s most important responsibilities. Therefore, I have given EY a broad mandate to independently and thoroughly investigate the information that was presented on the TV program,” Swedbank CEO Birgitte Bonnesen said in a statement.
WASHINGTON (Reuters) - U.S, Agriculture Secretary Sonny Perdue said on Thursday that he hopes the United States will ratify the U.S.-Mexico-Canada trade deal known as USMCA by summer, after Congress has a chance to understand the accord’s provisions, “I would hope, certainly., I am always optimistic., by summer,” he said at the U.S, Department of Agriculture’s stainless steel black and gold superman cufflinks annual forum in response to a question about when USMCA would be ratified, “It’s never over till it’s over, with any legislation.”..