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January 29, 2020
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Reuters - Business

Factbox: Huawei’s involvement in other countries’ telecoms networks

Reuters
LONDON (Reuters) – Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain’s 5G mobile network on Tuesday, defying U.S. pressure to exclude the Chinese company from next-generation communications over fears Beijing could use them to spy. FILE PHOTO: Small toy figures are seen in front of a......
Reuters - Business

Defying Trump, UK’s Johnson refuses to ban Huawei from 5G

Reuters
LONDON (Reuters) – Prime Minister Boris Johnson granted Huawei a limited role in Britain’s 5G mobile network on Tuesday, frustrating a global attempt by the United States to exclude the Chinese telecoms giant from the West’s next generation communications. Defying Britain’s closest ally in favour of China on the eve......
Reuters - Business

Defying Trump, Britain’s Johnson gives Huawei restricted 5G remit

Reuters
LONDON (Reuters) – Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain’s 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy. Britain’s Prime Minister Boris Johnson reacts as he listens to......
Reuters - Business

Johnson’s choice: Britain faces policy test over Huawei 5G role

Reuters
LONDON (Reuters) – Prime Minister Boris Johnson will decide if China’s Huawei should have a role in Britain’s future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit. Britain’s Prime Minister Boris Johnson reacts as he listens......
Reuters - Business

Britain seeks Huawei ‘solution’ as U.S. pressure mounts

Reuters
LONDON (Reuters) – Prime Minister Boris Johnson will meet senior ministers on Tuesday to decide whether to allow the use of equipment made by China’s Huawei in Britain’s future 5G mobile network. Britain’s Prime Minister Boris Johnson reacts as he listens to students during his visit to King’s Maths School,......
Reuters - Business

As Britain decides, Europe grapples with Huawei conundrum

Reuters
BERLIN (Reuters) – Britain’s decision on whether to allow Huawei to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology. FILE PHOTO: A Huawei company logo at Shenzhen International Airport in Shenzhen, Guangdong......
Reuters - Business

Trump speaks with British PM Johnson about telecoms security -White House

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson welcomes U.S. President Donald Trump at the NATO leaders summit in Watford, Britain December 4, 2019. REUTERS/Peter Nicholls/Pool/File Photo WASHINGTON (Reuters) – U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House......
Reuters - Business

New U.S. curb on Huawei in limbo amid pushback from Pentagon: sources

Reuters
WASHINGTON (Reuters) – The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the Defense Department that the move would harm U.S. businesses, people familiar with the matter said. FILE PHOTO: Huawei’s first global flagship store is pictured in Shenzhen,......
Reuters - Business

Intel’s blockbuster results lift shares to dotcom peak, fire up sector

Reuters
(Reuters) – Intel Corp’s (INTC.O) shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker’s data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector. FILE PHOTO: Computer chip maker Intel’s logo is shown......
Reuters - Business

New Huawei restriction in limbo after Pentagon disagrees with Commerce approach

Reuters
FILE PHOTO: A Huawei company logo at Shenzhen International Airport in Shenzhen, Guangdong province, China, July 22, 2019. REUTERS/Aly Song/File Photo WASHINGTON (Reuters) – The U.S. Commerce Department has put on hold a rule aimed at further reducing sales to China’s Huawei Technologies amid pushback from the Defense Department, people......
Reuters - Business

Ericsson hit by higher 5G costs and weaker U.S. market

Reuters
STOCKHOLM (Reuters) – Sweden’s Ericsson (ERICb.ST) reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks. FILE PHOTO: The Ericsson logo is seen at the Ericsson’s......
Reuters - Business

Ericsson fourth-quarter core profit hit by slowdown in U.S. business, higher costs

Reuters
STOCKHOLM (Reuters) – Swedish telecoms equipment group Ericsson (ERICb.ST) reported a smaller than expected rise in fourth-quarter core earnings on Friday and said the quarter, seasonally its best, had nevertheless been hit by a slowdown in its previously surging U.S. business and higher costs. FILE PHOTO: The Ericsson logo is......
Reuters - Business

U.S. extradition battle over Huawei’s Meng ends first phase but Canada court fight continues

Reuters
VANCOUVER (Reuters) – The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four days, with lawyers for Meng challenging prosecution claims that her alleged actions are a crime in Canada. Huawei Chief Financial Officer......
Reuters - Business

United States cautions Britain over Huawei

Reuters
DAVOS/LONDON (Reuters) – The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have in 5G telecommunications networks that Washington still had significant concerns about the Chinese telecoms behemoth. The logo of Huawei is seen in Davos, Switzerland Januar 22, 2020.......
Reuters - Business

Britain says Huawei alternatives are limited, decision soon: minister

Reuters
The logo of Huawei is seen in Davos, Switzerland Januar 22, 2020. REUTERS/Arnd Wiegmann LONDON (Reuters) – Britain will soon decide what role China’s Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday. “Well......
Reuters - Business

Canada prosecutors say fraud at heart of Huawei CFO Meng’s U.S. extradition case

Reuters
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng’s alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing. Huawei Chief Financial Officer Meng Wanzhou leaves......
Reuters - Business

Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Reuters
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China. Huawei Chief Financial Officer Meng Wanzhou leaves her......
Reuters - Business

Explainer: As Britain decides, Europe grapples with Huawei conundrum

Reuters
BERLIN (Reuters) – Britain’s impending decision on whether to allow Huawei [HWT.UL] to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology. FILE PHOTO: A Huawei company logo at Shenzhen International Airport in......
Reuters - Business

Huawei CFO’s lawyers argue U.S. extradition case does not pass Canadian law

Reuters
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that the U.S. extradition request against Meng is founded in sanctions violation. FILE PHOTO: Huawei Chief Financial Officer Meng Wanzhou leaves B.C. Supreme Court for......
Reuters - Business

Huawei CFO’s lawyer attacks U.S. extradition case in Canadian trial

Reuters
VANCOUVER/TORONTO (Reuters) – A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that “double criminality” was at the center of a trial to decide whether she can be extradited to the United States, a case that has strained relations between Ottawa and Beijing. Meng, 47, arrived in......

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