Reuters Events’ MOMENTUM Virtual forum, billed as ‘the most important technology event in a generation’ set to go live next week

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Dec 02, 2020 ( via COMTEX) —
NEW YORK, Dec. 2, 2020

NEW YORK, Dec. 2, 2020 /PRNewswire-PRWeb/ — Reuters Events is planning the most important technology event in a generation to plot a course towards a more sustainable, equitable and trustworthy world.

The MOMENTUM Virtual forum, on December 9 and 10, will bring together a stellar lineup of board-level executives and aims to attract more than 15,000 attendees in a bid to overcome today’s global challenges and build a better future through technology.

Confirmed speakers include Microsoft’s CISO Bret Arsenault, Bank of America’s Chief Operations & Technology Officer Catherine P Bessant, Google’s CTO office founder and leader Will Grannis, Facebook’s CIO Atish Banerjea and Comcast’s CISO Noopur Davis, among many others.

“MOMENTUM will unite the global technology community to reimagine and advance the role of tech

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REUTERS SUMMIT-Emerging markets to outperform developed countries in 2021: Mark Mobius

By Divya Chowdhury

Dec 1 (Reuters)Veteran emerging markets fund manager Mark Mobius expects developing markets to outperform their developed counterparts in 2021 as lockdowns end by early next year and a COVID-19 vaccine becomes available.

Governments in developed countries won’t be able to continue supporting economies as they have in 2020, the founder of Mobius Capital Partners, told the Reuters Global Markets Forum from Dubai.

China is recovering well, Mobius said at the Reuters Global Investment Outlook Summit 2020, adding he also expected India to return quickly to its previous rapid growth.

“India and China are the big ones for us now, but a lot of these other countries like South Korea and Taiwan are very significant; and then if you go to Turkey and South Africa, prospects are very good in a year or two from now.”

Although he did not expect eveyone to get vaccinated

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U.S. drafts list of 89 Chinese companies with alleged military ties: Reuters

The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters.

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries.

A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately response to a request for comment.

Commercial Aircraft Corp of China (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is Aviation Industry Corporation of China (AVIC) and 10 of its related entities.

The list is included in a draft rule that identifies Chinese and Russian companies the U.S. considers “military end users,” a

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Huawei to sell smartphone unit to Shenzhen government, others, sources tell Reuters

Huawei headquarters building is pictured in Reading, Britain July 14, 2020.

Matthew Childs | Reuters

Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, people with knowledge of the matter told Reuters.

The plan comes as U.S. restrictions on supplying Huawei Technologies force the world’s second-biggest smartphone maker – after South Korea’s Samsung Electronics – to focus on high-end handsets and corporate-oriented business, the people said.

It also indicates little expectation for any swift change in the U.S. perception of Huawei as a security risk following a new U.S. administration, one of the people said.

The all-cash sale will include almost all assets including brand, research & development capabilities and supply chain management, the people said. Huawei could announce it as early as Sunday, one

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