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Tuesday, May 28, 2019

Huawei reviewing FedEx relationship, says packages ‘diverted’

Chinese telecoms equipment maker Huawei [HWT.UL] is reviewing its relationship with FedEx Corp after it claimed the U.S. package delivery company, without detailed explanation, diverted two parcels destined for Huawei addresses in Asia to the United States and attempted to reroute two others.


from Reuters: Business News https://reut.rs/2WqqmQT

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BP sells stake in motor oil arm Castrol for $6bn

BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak. from BBC News https://ift.tt/IDnaZ60