Monday, August 31, 2020

Huawei quits oldest sports sponsorship deal after 9 years

Huawei quits oldest sports sponsorship deal after 9 years Australia has barred the world#39;s largest maker of switching gear and a major smartphone brand from involvement in crucial national communication infrastructure in recent years, while China has ratcheted up pressure for an Australian policy reversal.

from Moneycontrol Business News https://ift.tt/31Gph9p

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...