Thursday, 28 May 2020

Tag Archives: US ban

Gold slips as US issues licenses for firms to deal with Huawei

LONDON: Gold fell, retreating from a two-week high hit earlier in the session, after the United States started issuing licenses for some companies to supply goods to Chinese firm Huawei, rekindling hopes for trade negotiations that had shown signs of turning more contentious. Spot gold dipped 0.15% to $1,469.87 per ...

Read More »

Huawei dismisses new suspension of ‘unjust’ United States ban

BEIJING: Huawei dismissed Washington’s three-month delay to a ban on US firms selling to the Chinese tech giant and said the decision would not change the fact it had been “treated unjustly”. The US Commerce Department effectively suspended for a second time tough rules stopping the sale of components and ...

Read More »