European stocks dip as U.S. sanctions on Huawei add to trade anxiety

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

European shares retreated on Thursday after Washington blacklisted Chinese telec...

- European shares retreated on Thursday after Washington blacklisted Chinese telecoms giant Huawei, adding another confrontational element to the U.S.-China trade dispute.

The U.S. Commerce Department said it was adding Huawei Technologies Co Ltd and 70 affiliates to its Entity List, which bans the company from acquiring components and technology from U.S. firms without government approval. Nestle SA said it had entered exclusive talks to sell its skin health business to a consortium led by private equity firm EQT Partners in a deal worth 10.2 billion Swiss francs . Its shares were trading flat.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The attacks to Giant Huawei, will count with negative repercussions for the US international corporations, with it’s obvious intention of halt Huawei already express, technological advantage, in the🌎

647_416 I would be happy to exclude France from intelligence sharing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines