China says U.S. controls on semiconductor firm break WTO rules

GENEVA (Reuters) - The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday. The meeting took place with the world's top two

Japan’s JXTG may take Iranian oil for Dec loading at earliest – executive

JXTG Holdings <5020.T>, Japan's biggest oil refinery operator, is considering whether to resume Iranian oil purchases after Japan was granted a waiver from U.S. sanctions targeting Iran, Senior Vice President Yasushi Onoda said on Wednesday. If it decides to resume purchases after taking into account the economics of Iranian oil against

Telecom network maker Nokia wins $2.3 billion frame deals in China

HELSINKI (Reuters) - Finnish mobile telecom network maker Nokia announced on Wednesday that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than 2 billion euros ($2.3 billion). The deals includes deliveries of 4G radio and fixed access equipment, IP routing and optical transport equipment

U.S. renews Iran sanctions, grants oil waivers to China, seven others

WASHINGTON (Reuters) - The United States snapped sanctions back in place on Monday to choke Iran's oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic. Having abandoned a 2015 Iran nuclear deal, U.S President Donald Trump is trying

Israel thanks Trump as Iran sanctions take effect

JERUSALEM: Israeli Defense Minister Avigdor Lieberman welcomed US sanctions that took effect Monday targeting Iran’s oil and financial sectors, calling it a “critical” blow to Tehran’s actions in the region. “President (Donald) Trump’s bold decision is the sea-change the Middle East has been waiting for,” Lieberman said in a statement. “In a