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U.S. lawmakers seek to step up pressure on UK to reverse Huawei 5G decision
By David Shepardson WASHINGTON (Reuters) – Members of the U.S. Congress on Wednesday took another step to try to prod Britain to reverse its decision to allow China’s Huawei Technologies Co to build portions of the UK’s next generation 5G networks. Republican senators Tom Cotton, Ted Cruz, Josh Hawley and Marco Rubio proposed legislation requiring […]
Bezos, Musk among billionaires gaining net worth in pandemic: report
(Reuters) – The combined wealth of America’s billionaires, including Amazon.com <AMZN.O> Inc founder Jeff Bezos and Tesla Inc <TSLA.O> chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS). The wealth surge of America’s richest men happened during a period that saw […]
China 2019 GDP estimated to have grown more than 6%: Vice Premier Liu He
BEIJING (Reuters) – China’s 2019 gross domestic product is estimated to have grown more than 6%, and data for January indicates a better-than-expected economic outlook, Chinese Vice Premier Liu He said on Wednesday. China will further deepen domestic reforms and open up wider to the outside world, Liu said in Washington, after signing a Phase […]