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Huawei warns China will strike back against new U.S. restrictions
By David Kirton SHENZHEN, China (Reuters) – Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted the Chinese government would retaliate against the United States. The world’s largest maker of telecoms equipment issued the […]
Biden Doubles FEMA Program to Prepare for Extreme Weather
WASHINGTON — The Biden administration said it will spend $1 billion to help communities prepare for worsening disasters, the latest sign of the toll that climate change is already taking across the United States. The change will double the current size of a Federal Emergency Management Agency program that gives money to state and local […]
New Boeing boss faces EU pressure over Embraer tie-up: sources
By Tim Hepher PARIS (Reuters) – As Boeing’s <BA.N> new boss tackles the immediate crisis over its grounded 737 MAX jet, he also faces pressing questions from European regulators over a deal to buy the commercial arm of Brazil’s Embraer – seen as key to its longer-term strategy. European Union regulators investigating the $4.2 billion […]