Latest Huawei Technologies Co Ltd News

Huawei expects no relief from US sanctions but is confident

Aug. 20, 2019 4:06 AM EDT

SHENZHEN, China (AP) — The founder of Chinese tech giant Huawei says he expects no relief from U.S. export curbs due to the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. Ren Zhengfei also said Tuesday he doesn't want relief...

Huawei founder says he expects no relief from U.S. sanctions but is confident it will thrive with its own technology

Aug. 20, 2019 4:04 AM EDT
SHENZHEN, China (AP) — Huawei founder says he expects no relief from U.S. sanctions but is confident it will thrive with its own technology.

Asian shares mostly rise after Wall Street rally on Huawei

Aug. 20, 2019 2:58 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. That decision appeared to inspire a buying mood among investors eager for any signs of progress in the trade war...

Asian shares mostly rise after Wall Street rally on Huawei

Aug. 20, 2019 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. That decision appeared to inspire a buying mood among investors eager for any signs of progress in the trade war...

How major US stock indexes fared Monday

Aug. 19, 2019 5:12 PM EDT

Stocks notched their third gain in a row Monday after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. The move put investors eager for any signs of progress in the trade war between Washington and Beijing in a buying mood that drove a broad rally led by...

Estee Lauder, Nordstrom and Aramark rise while PG&E falls

Aug. 19, 2019 4:37 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: The Estee Lauder Companies Inc., up $22.43 to $201.65 The beauty products company blew past Wall Street's fiscal fourth quarter expectations and gave investors a solid profit forecast. Nvidia Corp., up $11.22 to $170.78 Chipmakers...

Markets Right Now: Stocks rise again, led by technology

Aug. 19, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are notching their third gain in a row, powered by gains in technology companies after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmakers did...

US extends limited reprieve on tech sales to China's Huawei

Aug. 19, 2019 1:55 PM EDT

The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how much of an effect broader sanctions are having on the Chinese technology giant. Huawei has become enmeshed in the trade war between Washington and Beijing, with President Donald Trump...

Trump delays tariffs on some Chinese goods until December

Aug. 13, 2019 6:57 PM EDT

WASHINGTON (AP) — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether. The announcement Tuesday from the Office of the...

China's Xi gets tougher on Trump after new tariff threat

Aug. 13, 2019 11:09 AM EDT

BEIJING (AP) — Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a "warning shot" at Washington by letting its yuan currency weaken in response to President Donald Trump's latest threat of more...