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Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources

August 17, 2019 Reuters: Business News 0

The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.

The post Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources appeared first on Wolfe’s Blog.

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Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources

August 17, 2019 Reuters: Business News 0

The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.

The post Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources appeared first on Wolfe’s Blog.

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Exclusive: Yuan at right level, disorderly capital flows unlikely – China central bank official

August 13, 2019 Reuters: Business News 0

China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People’s Bank of China told Reuters on Tuesday.

The post Exclusive: Yuan at right level, disorderly capital flows unlikely – China central bank official appeared first on Wolfe’s Blog.

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Reliance shares see biggest intraday gain in a decade; rivals hit by disruption fears

August 13, 2019 Reuters: Business News 0

Reliance Industries shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net debt in 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.

The post Reliance shares see biggest intraday gain in a decade; rivals hit by disruption fears appeared first on Wolfe’s Blog.

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Exclusive: Citgo chooses new CEO to navigate political, legal turmoil – sources

August 13, 2019 Reuters: Business News 0

Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working under U.S. san…

The post Exclusive: Citgo chooses new CEO to navigate political, legal turmoil – sources appeared first on Wolfe’s Blog.

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Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely

August 13, 2019 Reuters: Business News 0

China’s yuan <CNY=CFXS> is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People’s Bank of China told Reuters on Tuesday.

The post Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely appeared first on Wolfe’s Blog.

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Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries

August 13, 2019 Reuters: Business News 0

Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt within 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.

The post Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries appeared first on Wolfe’s Blog.