• Europe must maintain own course after U.S. blacklisting of Huawei: Germany

    2 monthes ago - By Reuters

    German Chancellor Angela Merkel and the powerful BDI industry association distanced themselves on Thursday from the U.S. government's decision to put Chinese telecom equipment giant Huawei Technologies on a blacklist.
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  • Factbox: U.S. executives warn consumers will pay for Trump's tariffs

    2 monthes ago - By Reuters

    Some executives from U.S. companies that sell clothing, food and other products warn that costs related to the latest round of tariffs on goods from China will be passed along to consumers in the form of higher prices.
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  • Huawei to challenge U.S. export sanction which it says will harm America

    2 monthes ago - By Reuters

    Huawei Technologies said on Thursday it will challenge a decision by the U.S. Commerce Department to add the Chinese company to a export blacklist, warning the decision "will do significant economic harm to the American companies with which Huawei does business."
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  • U.S. commerce secretary says Huawei order effective Friday: interview

    2 monthes ago - By Reuters

    U.S. Commerce Secretary Wilbur Ross said on Thursday that an order blacklisting Chinese telecoms giant Huawei Technologies Co Ltd will go into effect on Friday.
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  • China warns U.S. move against Huawei could hurt trade talks

    2 monthes ago - By Reuters

    The Trump administration's decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks.
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  • Huawei to seek remedies after being blacklisted by United States

    2 monthes ago - By Reuters

    Huawei said on Thursday that it would seek ways to resolve the issue after the U.S. Commerce department blacklisted the Chinese telecoms equipment maker the previous day.
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  • Huawei vows to challenge U.S. export sanction which it says will harm U.S

    2 monthes ago - By Reuters

    Huawei Technologies said on Thursday it will challenge a decision by the U.S. Commerce Department to add the Chinese company and 70 affiliates to a export blacklist, warning the decision "will do significant economic harm to the American companies with which Huawei does business."
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  • U.S. action tightens the screws on Huawei

    U.S. action tightens the screws on Huawei

    2 monthes ago - By Phone Arena

    Back in December, Chinese corporations led a small boycott against the Apple iPhone. At the time, Canadian law enforcement officials had just arrested Huawei CFO Meng Wanzhou based on a U.S. arrest warrant. Several Chinese businesses began to subsidize employee purchases of smartphones made by local firms while fining those who purchased an iPhone. Weeks later, Apple cut wholesale prices of the 2018 iPhones in China and the latest data from April seemed to indicate that Apple had turned the corner in the country. UBS analyst Tim Arcuri noted that iPhone shipments in China declined 3% last ...
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  • Corning says it expects no impact from U.S. ban sales to Huawei

    2 monthes ago - By Reuters

    Corning Inc on Thursday said it does not believe that a U.S. order potentially restricting sales of components to Chinese telecoms gear maker Huawei Technologies Co Ltd will have any material impact on its overall financial performance.
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  • Amid trade, Huawei furors, U.S. House panel launches China 'deep dive'

    2 monthes ago - By Reuters

    The U.S. House of Representatives Intelligence Committee launched on Thursday a "deep dive" focus on China this year and next, one of several moves by U.S. lawmakers focusing on what they see as troublesome activities by Beijing.
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