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“The goal is to agree upon a set of shared principles that would ensure the security of next-generation telecommunications networks,” said one of the officials, who spoke on condition of anonymity to discuss private conversations. The Prague conference has been organized by the Czech foreign ministry with support from NUKIB, said Kahofer. The foreign ministry did not respond to requests for comment. Delegations from all of the European Union’s 28 member states, as well as the European Commission, NATO and around eight other countries including the United States and Australia are expected to attend, Kahofer said.
China and Russia have not been invited, he added, but stressed that the event was not “an anti-Huawei or anti-China conference.” Europe has emerged as a key battleground for the future of 5G, with the United States pushing allies and partners to bar Chinese vendors but European governments wary of the trade and cincinnati reds cufflinks economic consequences of angering Beijing, Internet service providers have also warned that banning Huawei would incur huge costs and delay the rollout of 5G by years, A senior U.S, cybersecurity official said last week Washington wanted European governments to adopt “risk-based security frameworks”, citing recent moves in Germany to implement stricter security standards for all 5G vendors, and that doing so would effectively rule out using Huawei and ZTE..
“The United States welcomes engagement from partners and allies to discuss ways that we can work together ensuring that our 5G networks are reliable and secure,” said White House National Security Council spokesman Garrett Marquis. Officials in Britain, which last month exposed new security flaws in Huawei equipment but says it has found no evidence of Chinese state interference, have also spoken of “raising security across the board” for 5G. The European Commission said in March that EU nations would be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year.
(Reuters) - United Continental Holdings Inc said on Monday it had pulled Boeing Co’s 737 MAX flights out of its schedule through early July, following similar moves by rivals American Airlines Group Inc and Southwest Airlines Co, United, with 14 MAX jets, had largely avoided cancellations by servicing MAX routes with larger 777 or 787 aircraft, But the airline’s president, Scott Kirby, warned last week that the strategy was costing it money and could not go on forever, Boeing’s 737 MAX planes have been grounded worldwide since March cincinnati reds cufflinks after an Ethiopian Airlines jet crashed, killing all 157 aboard, just five months after a similar crash of Indonesia’s Lion Air flight..
(Reuters) - Two leading shareholder advisory firms threw their support behind Allergan Plc’s management by recommending that investors vote against billionaire investor David Tepper’s proposal that the Botox maker immediately split the roles of chief executive officer and chairman. The recommendations of Institutional Shareholder Services LP and Glass Lewis & Co against the proposal by Tepper’s hedge fund Appaloosa LP give critical support to Allergan Chairman and CEO Brent Saunders before the drugmaker’s shareholder meeting on May 1.
“Their recommendations affirm our position that our plan to adopt separate Chair and CEO positions with the next leadership transition is the best approach for Allergan shareholders,” Allergan said in a statement, The two sides have been feuding over when the role of board chairman should be moved to someone who is not running the company as CEO, Tepper wants it cincinnati reds cufflinks to happen immediately while the company said it would occur at the next management change, The hedge fund said on Monday it was baffled by the ISS recommendation..
The drugmaker’s board has “presided over a failed strategic review, a questionable business strategy and excessive compensation packages, and have exhibited a disregard for sound corporate governance practices,” Appaloosa said in a statement. “Without immediate change to Allergan’s leadership structure, the status quo could remain in place for many years.”. The statement suggests that Appaloosa will continue to fight the company and urge investors to back its plan. So far the hedge fund has lined up support from some large investors.
Artisan Partners, one of Allergan’s top 10 shareholders with 6.4 million shares, and hedge fund manager John Paulson’s Paulson & Co, which owns 1.6 million shares, are both backing Appaloosa, sources familiar with each of the firms’ thinking said, Artisan did not respond to requests for comment, A Paulson spokeswoman declined to comment, Both the proxy firms said an immediate separation of the roles was not necessary, ISS said in its recommendation that while Appaloosa had “raised a number of valid cincinnati reds cufflinks concerns regarding the company’s long-term performance and board oversight of ‘strategic missteps’, there are no significant concerns regarding the board’s current leadership structure sufficient to suggest that an immediate split of the CEO and chairman roles is warranted at this time.”..