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“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 hugo boss cufflinks price india.
(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 after an Ethiopian Airlines jet crashed, killing all 157 aboard, just five months after a similar crash of Indonesia’s Lion Air flight hugo boss cufflinks price india.
(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 hugo boss cufflinks price india.
“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 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 hugo boss cufflinks price india.
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 hugo boss cufflinks price india.