Global index publisher FTSE Russell will drop Xiaomi and another high-tech firm from global and Chinese indexes, it said on Friday, and scrap inclusion of a semiconductor firm, in line with a U.S. executive order by former President Donald Trump.
The White House said on Friday a new White House economic adviser, big-tech critic Tim Wu, will help advance President Biden's agenda with regard to the technology sector, including addressing "monopoly and market power issues."
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DUBAI (Reuters) - Al Yah Satellite Communications Company (Yahsat) has held the kick-off meeting with banks for a potential initial public offering, two sources familiar with the matter told Reuters.
Yahsat, backed by Abu Dhabi state fund Mubadala Investment Co, has five satellites that serve more than 150 countries, information on its website shows. It also owns United Arab Emirates satellite phone operator Thuraya.
Mubadala said in an email it does not comment on speculation and that in line with potential market opportunities, the fund may “choose to monetise certain assets at the right time”.
Yahsat did not immediately respond to a request for comment.
EU antitrust regulators are finalising a charge sheet against Apple triggered by a complaint by Swedish music streaming service Spotify, two people familiar with the matter said, with one saying the document may be sent to the iPhone maker before the summer.
Huawei Chief Financial Officer Meng Wanzhou will return to a Canadian court Monday for the final phase of the arguments in her U.S. extradition case, which would focus on whether her arrest was politically motivated and if abuses of process occurred during her detainment.