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Samsung said Thursday it will hold an event on Feb. 20 in San Francisco where it’s expected to unveil its next flagship phone, the Galaxy S10.

The phone is expected to be the first major smartphone that supports 5G wireless networks, the faster wireless standard that carriers are deploying this year. Another version of the phone is said to have a foldable screen.

Samsung announced in July it had developed foldable screen technology, but since then, the company has been beat to the punch in launching the technology in a product. Startup Royale launched its FlexiPai mobile phone at a conference in Beijing in November. Samsung lowered its Q4 guidance earlier this week, citing competition in the smartphone market as a reason for missing expectations.

For its tenth anniversary phones, Samsung plans to roll out three versions of the Galaxy S10 with different display sizes starting in March, then roll out a fourth later in the spring that would include 5G network capability, the Wall Street Journal reported. Samsung has reportedly told partners the foldable screen phone may be released as early as April, though a date and name have yet to be set. The company is considering names including “Fold,” “Galaxy Fold” and “Galaxy F,” the WSJ reported.

The foldable phone has already been delayed, after Samsung initially said customers should expect a launch in 2018. Samsung showed a prototype of the foldable phone in November. The phone folds open to act more like a tablet.

Samsung moved up its launch date for its S10 series in order to preempt Huawei’s expected unveiling of a foldable-screen competitor at a Barcelona trade show in late February, the WSJ reported.

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EU leaders issue ultimatum to Britain over no-deal Brexit

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May, who had asked to be able to delay Britain’s departure until June 30, said British lawmakers now faced a “clear choice.”

They could either support her Brexit deal, deliver on the referendum result and exit the EU in an “orderly manner” or face the prospect of having to stand candidates in the European Parliamentary elections three years after a small but clear majority voted for Brexit.

On Thursday, EU leaders spent seven hours discussing a host of options regarding Brexit, saying that while they regret the country’s decision to leave, they are eager to move on with the process.

Eventually, the bloc decided a May 22 departure date would apply if Parliament rallies behind the prime minister next week. Otherwise, Britain must decide whether to offer a new plan or leave the EU without a deal on April 12.

“In case of no vote (in Parliament)… it will guide everybody to a no-deal for sure,” French President Emmanuel Macron told reporters on Thursday.

“This is it. We are ready,” Macron said.

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Electric taxis in Oslo to be charged using wireless technology

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Taxis in the Norwegian capital, Oslo, are set to use wireless fast-charging technology to keep them running.

In an announcement Thursday, Finnish energy firm Fortum said it would work with the City of Oslo and Momentum Dynamics, a U.S. company, to build the system.

The project will use induction technology, with charging plates installed in areas where taxis, which will carry a receiver for the charging, park.

“We will install the wireless chargers at taxi stands, such as the one at… Oslo Central Station,” Annika Hoffner, the head of Fortum Charge and Drive, said in a statement.

“Taxis will be able to drive up to the charger and a wireless charging session will automatically start,” Hoffner added, explaining that taxis could charge while waiting for new customers.

The rollout of a wireless charging system in Oslo is part of a wider transition to cleaner types of transport in the country.

In 2018, there were 46,143 new passenger car registrations for battery electric vehicles in Norway, according to the European Automobile Manufacturers Association.

Sture Portvik, electric mobility manager for the City of Oslo, said that all taxis in Oslo would be zero-emission from 2023.

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Swedbank board reaffirms support in CEO after money-laundering report

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Swedbank‘s board has continued confidence in the bank’s chief executive after seeing the results of an external report into its alleged involvement in money-laundering in the Baltics, the head of the company’s board said on Friday.

“After reviewing the FRA Update, the board confirms its continued confidence in the CEO and her ability to lead and manage the bank’s work in the fight against money laundering,” Swedbank chairman Lars Idermark said in the statement.

Still, the board said it would also conduct a deeper review in cooperation with the “relevant authorities”, without specifying which ones.

Forensic Risk Alliance (FRA) was hired by Swedbank last month to investigate allegations in the media that at least 40 billion Swedish crowns ($4.3 bln) of suspicious payments moved between accounts held at its Baltic branches and suspect accounts at Danske Bank between 2007-2015.

Swedbank is one of several banks pulled into a widening scandal engulfing Danske Bank, whose Estonian branch was used for some 200 billion euros ($227 billion) of suspicious payments between 2007 and 2015.

The FRA report, published by Swedbank but redacted in parts, focused on the 50 clients identified in a media report by Swedish Television.

It did not include findings of a previous internal and undisclosed report or cover allegations made by activist fund manager Bill Browder.

Swedbank said it would continue to strengthen its anti money-laundering capabilities.

“I have also decided to establish a specialized Financial Crime Intelligence Unit to secure a continued focused approach as criminal behaviour develops over time,” Swedbank CEO Birgitte Bonnesen said in the statement.

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