U.S. intelligence says Huawei funded by Chinese state security: report

(Reuters) – U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. A Huawei logo is pictured during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. […]

Exclusive: Spain's Repsol suspended swap deal for Venezuelan oil under U.S. pressure

HOUSTON/MEXICO CITY (Reuters) – Spain’s Repsol suspended its swaps of refining products for crude with Venezuela’s state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for foreign firms doing business with Venezuela. FILE PHOTO: The corporate logo of Repsol is seen in their office in Caracas, Venezuela April 25, […]

Qualcomm stock jumps 23 percent on surprise settlement with Apple

(Reuters) – Qualcomm Inc on Tuesday won a major victory in its wide-ranging legal dispute with Apple Inc as the companies reached a surprise settlement that called for the iPhone to once again use Qualcomm modem chips. Shares of Qualcomm jumped 23 percent to $70.45 in regular trading, their biggest gain in more than 19 […]

Canada to fight 'unfair' U.S. lumber duties, appeal WTO ruling

OTTAWA (Reuters) – Canada will appeal last week’s decision by a World Trade Organization (WTO) panel to allow the United States to use “zeroing” to calculate lumber anti-dumping tariffs, Foreign Minister Chrystia Freeland said on Monday. FILE PHOTO: Canada’s Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa, Ontario, Canada, December 12, 2018. […]

World's largest plane makes first flight over California

LOS ANGELES (Reuters) – The world’s largest aircraft took off over the Mojave Desert in California on Saturday, the first flight for the carbon-composite plane built by Stratolaunch Systems Corp, started by late Microsoft co-founder Paul Allen, as the company enters the lucrative private space market. The world’s largest airplane, built by the late Paul […]