Sectors
Huawei set to continue European expansion plans
Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.
Scout24's new owner still to be decided by Deutsche Telekom
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.
US poverty increase despite economic improvement
The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.
EU agreements no threat to Russia according to Ukraine's PM
Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.