After sanctions, Huawei turning to businesses less reliant on high-end U.S. tech

© Reuters. Huawei logo at Huawei Technologies France in Boulogne-Billancourt By David Kirton SHENZHEN, China (Reuters) -Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome U.S. restrictions that have devastated its smartphone business. Huawei was put on an […]

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Huawei CFO lawyer says Canadian police officials were ‘less than truthful’ in testimony

© Reuters. FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves court on a break in Vancouver By Sarah Berman VANCOUVER (Reuters) – A lawyer for Huawei Chief Financial Officer Meng Wanzhou charged in court on Wednesday that Canadian police witnesses gave “less than truthful” testimony when confronted with alleged abuses of process during […]

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Oxford/AstraZeneca COVID shot less effective against South African variant: study

© Reuters. FILE PHOTO: COVID-19 vaccinations in Basingstoke By Derek Francis and Andy Bruce (Reuters) – British drugmaker AstraZeneca (L:) said on Saturday its vaccine developed with the University of Oxford appeared to offer only limited protection against mild disease caused by the South African variant of COVID-19, based on early data from a trial. […]

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U.S. fliers less familiar with Boeing 737 MAX crashes two years on, but wary when reminded: Reuters/Ipsos poll

© Reuters. FILE PHOTO: People depart a Boeing 737 Max airplane at Dallas Fort Worth Airport following a media flight to Tulsa By Chris Kahn and Tracy Rucinski NEW YORK/CHICAGO (Reuters) – With the passage of time, Americans are less familiar with two fatal Boeing (NYSE:) 737 MAX crashes, but if they are made aware […]

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Barnier says Brexit talks progress but UK less optimistic

© Reuters. FILE PHOTO: Conservative Party annual conference in Manchester By Guy Faulconbridge, Elizabeth Piper and Gabriela Baczynska LONDON/BRUSSELS (Reuters) – The EU’s chief negotiator said on Thursday there had been good progress in trade talks with Britain that aim to prevent a turbulent finale to the Brexit crisis in two weeks’ time, but a […]

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Factbox: A Biden presidency could bring better gas mileage, cheaper drugs, less doom scrolling

© Reuters. Democratic U.S. presidential nominee and former Vice President Joe Biden holds a drive-in campaign rally at Heinz Field in Pittsburgh (Reuters) – If former Vice President Joe Biden wins the race for the U.S. president, his promises to change Corporate America range from more strict regulation on auto emissions to helping lower prices […]

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Philly refinery sale expected to close next week for $27.5 million less

© Reuters. FILE PHOTO: Sun sets on the Philadelphia Energy Solutions plant refinery in Philadelphia By Laila Kearney NEW YORK (Reuters) – A sale of the Philadelphia Energy Solutions oil refinery site to real estate developer Hilco is expected to close next week for $ 27.5 million less than planned, the bankrupt refiner said in […]

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Broad indices squeeze higher as sanctions on China are less than feared

Dow has best performance in 7 weeks. Second straight week of gains for the major indices The major US stocks and see some squeeze higher into the close as sanctions on China are less than feared.  The NASDAQ led the way with a gain of 1.29%. The Dow ended lower as investors shifted back to the technology growth stocks.  The final […]

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