Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world economy, according to new reach Monday.Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
The firm upgraded the stock to equal-weight from underweight ahead of the company's earnings on Wednesday.Marketsread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Deutsche Bank denied a report that said some of its executives rejected the advice of the bank's own anti-money laundering specialists and prevented some transactions...Financeread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
May 16 (Reuters) - Corning Inc on Thursday said it does not believe that a U.S. order potentially restricting sales of components to Chinese telecoms gear maker Huawei Technologies Co Ltd will have any material impact on its overall financial performance.
Corning makes glass that goes into the fiber optic cables and equipment in telecommunications gear. The company said it is aware of the order first disclosed on Wednesday and will continue to comply with all U.S. trade regulations.
"Cornings optical communications business segment has a large global customer base," spokesman Dan Collins told Reuters in a statement. "We are confident that our optical communications business segment will remain on track to deliver on its goal of $5 billion in 2020 sales, with continued growth beyond." (Reporting by Stephen Nellis in San Francisco Editing by Susan Thomas)