By John McCrank NEW YORK (Reuters) – The stock market rout last week over fears the coronavirus could trigger a recession was the worst since the 2008 financial crisis, but market experts said on Monday trade was mostly orderly thanks to a robust market infrastructure. The S&P 500 <.SPX> tumbled 11.5% last week before staging […]
LONDON (Reuters) – Britain’s government made a firm decision to allow China’s Huawei to have a role in building the country’s 5G phone network and as far as the foreign ministry’s top official understands it is not being reopened, he said on Tuesday. Britain decided in January to allow Huawei into what the government said […]
By Karen Freifeld, David Shepardson and Alexandra Alper (Reuters) – Senior officials in the Trump administration agreed to new measures to restrict the global supply of chips to China’s Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus. The move comes as ties between Washington […]
