U.K. Commits $333 Million to Help Carriers Replace Huawei 5G



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Bloomberg) — The U.K. will spend 250 million pounds ($333 million) to diversify its sources of 5G wireless equipment after banning China’s Huawei Technologies Co. from supplying the next-generation technology. Huawei is set to be excluded from British 5G networks by 2027 due to security concerns, leaving phone carriers reliant on a supply duopoly of Finland’s Nokia Oyj and Sweden’s Ericsson AB. […] ©2020 Bloomberg L.P. Billionaire Israel Englander Pours Money Into 2 “Strong Buy” Stocks Following the wild ride that was 2020, where does the market go from here? […] 1d ago Stocks Rise as Record Month Nears End; Oil Slips: Markets Wrap (Bloomberg) — Stocks in Asia climbed along with U.S. equity futures as investors monitored progress on the path to a coronavirus vaccine on the final day of a record month for global equities. […] The Government is bringing forward retrenchment to the early phase of this Parliament in order to play the electoral cycle.