Huawei is still blacklisted in the United States amid concerns that the company could spy and steal trade secrets; it is already facing charges of stealing trade secrets from U.S. "We therefore think there's a chance that handset components will again be permitted". The only real surprise has been that Trump rolled back the Huawei ban nearly immediately that trade talks with China restarted.
Japanese names are responsible for almost 100 percent of global supplies of fluorinated polymides, used in display manufacturing, and photoresists, necessary for chip-making. While all eyes remain on the global trade war involving the Chinese giants such as Huawei and ZTE, Japan comes out of the blue with a decision that will make like harder for the South Korean tech companies that are now importing various materials used in making chips and smartphones.
Iran's Minister of Petroleum, Bijan Namdar Zangeneh, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members, at their headquarters in Vienna, Austria, Tuesday July 2, 2019. Brent crude LCOc1 futures fell $2.66, or 4.1%, to settle at $62.40 a barrel. The OPEC+ group will discuss "a collection" of different metrics to calculate global oil inventories when some ministers meet in September, Al-Falih said.
President Donald Trump and his Chinese counterpart, Xi Jinping , on the sidelines of G20 summit in Osaka, Japan . The National Economic Council director said he's hoping to assuage concerns raised by Rubio and other member of Congress and make it clear that confronting national security concerns about Huawei remains an integral part of the US strategy towards a growing Chinese economy.
Russian Federation has recently come to terms with Saudi Arabia to extend a previous deal by 6-9 months with OPEC (Organization of the Petroleum Exporting Countries) to cut oil output. The OPEC + monitoring committee comprises eight countries, including Russia, Saudi Arabia, the United Arab Emirates, Kuwait, Algeria, Venezuela, Iraq and Kazakhstan.
Merlin Entertainments has agreed to be taken private by investors including Lego's founding family and buyout firm Blackstone for nearly £6bn in cash. As of 27 June, KIRKBI owned 302.9 million Merlin shares, or 29.58 per cent of the company. In addition to 21 Madame Tussauds worldwide - headed by a flagship in Times Square - Merlin owns eight Legolands in locations ranging from California to Malaysia.