Tag Archives: World economy

Investors Monitor US Coronavirus Cases, Hopes for Recovery

European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …

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Trump administration says Huawei and Hikvision are backed by the Chinese military

Flags with the Huawei logo. FRED DUFOUR | AFP via Getty Images The Trump administration has determined that major Chinese companies, including telecommunications equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed …

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