Technology 

Kudlow says does not see Huawei issue spilling into trade talks with China: CNBC

(Reuters) – White House economic adviser Larry Kudlow told CNBC on Friday that he does not see the recent controversy surrounding China’s Huawei Technologies Co Ltd spilling into the trade talks between the United States and China. Huawei Chief Financial Officer Meng Wanzhou, who is under arrest in Canada, is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States. Kudlow said Huawei had been warned for “quite some time” about violations on Iran sanctions, but added he…

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Sports 

NBA notebook: Bucks, Cavs make four-player trade

The Milwaukee Bucks are trading Matthew Dellavedova, John Henson and two draft picks to the Cleveland Cavaliers for point guard George Hill and forward Sam Dekker, ESPN reported Friday. Dec 5, 2018; Milwaukee, WI, USA; Milwaukee Bucks guard Matthew Dellavedova (8) looks for a shot against Detroit Pistons guard Bruce Brown (6) in the fourth quarter at the Fiserv Forum. Benny Sieu-USA TODAY Sports/File Photo The trade includes first- and- second-round picks in 2021. The first-round pick is reportedly lottery-protected in 2021 and top-10 protected in 2022. There are other…

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Technology 

White House adviser: U.S.-China trade talks, Huawei arrest are separate

White House trade advisor Peter Navarro looks on as U.S. President Donald Trump participates in a roundtable discussion about trade in Duluth, Minnesota, U.S. June 20, 2018. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – White House trade adviser Peter Navarro on Friday said that the U.S. -China trade truce and the recent arrest of a top Huawei Technologies Co Ltd executive “are two separate events,” calling the timing of events a coincidence. Navarro, in an interview on CNN, also said if the United States and China could not come to an agreement…

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Technology 

Exclusive: Tesla, smarting from trade war, seeks bids for China Gigafactory construction

SHANGHAI (Reuters) – Tesla Inc has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by Reuters, the clearest indication that construction is imminent. FILE PHOTO – A Tesla sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. REUTERS/Aly Song The details, previously unreported, reveal that state-owned Shanghai Construction Group Co Ltd is taking part in the bidding while a unit…

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Technology 

Alibaba signs agreement with Belgium for e-commerce trade hub

Robots operated by Alibaba’s logistics unit Cainiao, move parcels at a new automated guided vehicles (AGV) warehouse inside the hub of delivery company YTO Express, in Hangzhou, Zhejiang province, China September 14, 2018. REUTERS/Stringer BEIJING (Reuters) – Alibaba Group Holding Ltd said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure. The project is part of Alibaba’s Electronic World Trade Platform (eWTP) and the company has made similar agreements in Southeast Asia and Africa. Alibaba’s…

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Top stories 

Asia markets jump after US and China agree to trade truce

Image copyright Getty Images Asian markets jumped after the presidents of China and the US reached a temporary truce in their trade war. At the G20 summit, Donald Trump and Xi Jinping agreed to halt new trade tariffs for 90 days to allow for talks. An escalating trade war between the world’s two largest economies has weighed on markets generally. The US and China have imposed tariffs on billions of dollars worth of one another’s goods, posing risks to global trade and the world economy. In China, Hong Kong’s Hang…

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Sports 

Reports: Mets, Mariners finalize trade involving Cano, Diaz

Aug 4, 2017; Kansas City, MO, USA; Seattle Mariners second basemen Robinson Cano (22) hits his 500th career double against the Kansas City Royals during the first inning at Kauffman Stadium. Mandatory Credit: Peter G. Aiken-USA TODAY Sports/File Photo The New York Mets and Seattle Mariners have agreed on a blockbuster trade that would send Robinson Cano and closer Edwin Diaz to New York, pending physicals, according to multiple reports. The Mariners reportedly will acquire outfielder Jay Bruce, relief pitcher Anthony Swarzak, and top prospects OF Jarred Kelenic, and pitchers…

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Top stories 

G20: Trump and Xi to meet amid US-China trade tensions

Image copyright Reuters Image caption Mr Trump (R) – seen here with wife Melania, Argentine President Mauricio Macri and his wife Juliana Awada – last met Mr Xi last year Donald Trump is to meet China’s President Xi Jinping after the G20 summit in their first talks since a trade war erupted earlier this year. Mr Trump said he hoped they would reach a deal during their dinner in Buenos Aires to defuse trade disagreements and said he believed Beijing wanted this. A Chinese official meanwhile said “consensus is steadily…

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Top stories 

Trump’s trade war: Stakes are high at G20 summit

Image copyright Getty Images Image caption US President Donald Trump and China’s President Xi Jinping are due to meet again this week The stakes are high at this week’s G20 summit, where President Trump is due to meet China’s President Xi Jinping. Hopes that the meeting could open the way for a deal over trade between the two countries have been undermined by recent threats by the US president. Only days before the summit in Argentina, President Trump said current tariff levels on $200bn (£157bn) of Chinese imports would rise…

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Top stories 

Brexit: Trump hints May’s Brexit could bar UK-US trade deal

Media playback is unsupported on your device Media captionTrump: Brexit agreement “great deal for EU” Donald Trump has suggested Theresa May’s Brexit agreement could prove a bar to a US-UK trade deal. The US president did not specify which aspect of the deal concerned him but told reporters the withdrawal agreement “sounds like a great deal for the EU”. No 10 insisted the deal is “very clear we will have an independent trade policy so that the UK can sign trade deals with countries around the world”. Mrs May spent…

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