SHANGHAI/SEOUL: Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company's access to even off-the-shelf chips, threaten its crown as the world's largest smartphone maker and disrupt global tech supply, executives and experts warned. The Trump administration on Monday expanded ...
China said on Tuesday it firmly opposes U.S. suppression of Huawei Technologies Co, after the Trump administration announced it would further tighten restrictions on the company.
Home appliance maker Electrolux said on Tuesday its Chief Operations Officer Jan Brockmann has decided to leave group to "pursue an external opportunity".
MSCI published two climate change indexes on Tuesday that allow investors in China stocks to lean toward companies with lower carbon emissions.
Japan's low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country's army of temporary workers, who make up about 40per cent of the jobs market.
British retailer Marks & Spencer said on Tuesday it plans to cut 7,000 jobs over the next three months as it streamlines the business for a post COVID-19 sales mix.
Today's US$72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding "yes."
Ramped-up U.S. restrictions on Huawei are likely to cut off the Chinese smartphone maker's access to even off-the-shelf chips and disrupt the global tech supply chain once again, executives and experts cautioned.
The Swedish National Debt Office said on Tuesday it had rejected an application by Norwegian Air's Swedish branch for a state credit guarantee under a guarantee programme for airlines.
Starbucks Corp's South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event after nearly 50 cases were linked to one of its stores outside of Seoul.
