U.S. could have decision on companies selling to Huawei by next week

SAO PAULO (Reuters) – The Trump administration could by next week issue decisions to companies that have requested special licenses to sell to Chinese telecoms giant Huawei, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil. Ross said he expects that a decision will be “forthcoming” by the time he returns to the United States, after […]

Read more

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks – official

WASHINGTON (Reuters) – The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump’s recent effort to ease restrictions on the Chinese company could move forward quickly. Huawei, the world’s largest telecommunications equipment maker, was added to a Commerce Department […]

Read more

U.S. to provide licenses for sales to Huawei if national security protected

WASHINGTON (Reuters) – The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday. Seeking to revive trade talks with China, U.S. President Donald Trump announced late last month that American firms would […]

Read more

U.S. reviewing requests to export to Huawei with 'highest scrutiny' -Commerce Dept

WASHINGTON (Reuters) – The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China’s Huawei Technologies Co Ltd “under the highest national security scrutiny,” since the company is still blacklisted. In an email to Reuters, the Commerce Department said that as it reviewed applications, it was applying the “presumption of denial” […]

Read more

Google flags U.S. national security risks from Huawei ban: FT

(Reuters) – Alphabet Inc’s Google has warned if the U.S. administration moves ahead with sweeping ban on Huawei Technologies Co Ltd, it risks compromising national security, the Financial Times reported on Thursday. Google’s move comes as the world’s two top economies ratchet up tariffs in a battle over what U.S. officials call China’s unfair trade practices. While the sanctions are […]

Read more

U.S.-based engineers' body lifts curbs on Huawei employees

SHANGHAI (Reuters) – The Institute of Electrical and Electronics Engineers (IEEE) said on Monday curbs on employees of Huawei Technologies and its subsidiaries have been lifted, and they would be allowed to participate in a peer review process for its research papers. The U.S.-based engineers’ association last week said it would bar Huawei staff from doing so, after the United […]

Read more

China to investigate whether FedEx harmed client interests: Xinhua

BEIJING (Reuters) – China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday. The U.S. package delivery company recently did not deliver to the right addressees and addresses in China, Xinhua, which did not give details, said. Chinese telecoms equipment maker Huawei said this […]

Read more

China says U.S. needs to fix 'wrong actions' as Huawei ban rattles supply chains

BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered technology shares. Japanese conglomerate Panasonic Corp joined a growing list of global companies that is disengaging from Huawei Technologies Co Ltd, the world’s second-largest […]

Read more

Stock futures up as Huawei ban delay offsets retail woes

Increased market volatility ahead over China trade uncertainties? E-Valuator Funds CIO Kevin Miller on Home Depot’s first-quarter results and the impact of U.S.-China trade tensions and the Federal Reserve on the markets. U.S. stock futures rose Tuesday as the administration's delay on its blacklisting of Huawei Technologies offset the effect of weak retail quarterly results. Continue Reading Below Kohl's reported that […]

Read more
1 2 3 6