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Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance


Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance

SHENZHEN, China, Aug 29 (Reuters) – Chinese technology giant Huawei (HWT.UL) reported strong growth in revenue and net profit in the first half of the year on Thursday. Smartphone sales were robust and business with components for smart cars was also doing well despite U.S. sanctions. Net profit rose 18% to 54.9 billion yuan ($7.7 […]

Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist


Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist

WASHINGTON, Aug 28 (Reuters) – Two leading Republican lawmakers on Wednesday called on the U.S. Defense Department to add Chinese battery maker CATL (300750.SZ) to the list of the world’s largest battery makers.opens new tab placed on a restricted list of companies allegedly collaborating with Beijing’s military. Companies on the list cannot receive U.S. military […]

US Open, first day | Reuters


US Open, first day | Reuters

NEW YORK, Aug 27 (Reuters) – Highlights from the first day of the U.S. Open at Flushing Meadows on Monday (times GMT): 0411 SABALENKA STORMS PAST HON Former finalist Aryna Sabalenka defeated Australian qualifier Priscilla Hon 6-3 6-3. The second-seeded Belarusian will face Italian Lucia Bronzetti in the second round. 0357 DJOKOVIC GOES IMMEDIATELY INTO […]