China is ready to put U.S. companies in an "unreliable entity list," as part of countermeasures against Washington's move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping up tensions with China.
The United Kingdom told the European Union on Friday that it had to give ground or there would be no Brexit free trade deal by the end of the year, saying there had been very little progress in talks.
WASHINGTON: US retail sales plunged by 16.4 per cent in April as the coronavirus pandemic forced businesses shut across the world's largest economy, the Commerce Department said on Friday (May 15). The drop was much worse than expected and saw massive contractions in an array of retailers ...
Ethiopian Airlines expects a settlement with planemaker Boeing over the 737 MAX plane crash in March last year by end of June, CEO Tewolde Gebremariam told Reuters on Friday.
U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.
WASHINGTON: The Trump administration said Friday (May 15) it would restrict the ability of Chinese telecoms giant Huawei, which it considers a national security risk, to develop semiconductors abroad with US technology. "This announcement cuts off Huawei's efforts to undermine US export controls," ...
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said.
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for exposing them to the new coronavirus.
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces.
