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Trump agrees to prompt responses to license requests for Huawei sales

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WASHINGTON (Reuters) – President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make “timely” decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd, the White House said. But even as the CEOs of the companies “requested timely licensing decisions from Read More

Whirlpool earnings beat estimates as higher prices offset tariff impact

7 hours ago DieselGasoil Comments Off on Whirlpool earnings beat estimates as higher prices offset tariff impact
FILE PHOTO: The administrative entrance at the Whirlpool plant in Clyde, Ohio, U.S. October 3, 2017. REUTERS/Aaron Josefczyk (Reuters) – Whirlpool Corp (WHR.N) on Monday reported better-than-expected quarterly earnings and lifted its full-year profit forecast, as the appliance maker raised prices on its washing machines and kitchen appliances to offset higher production costs. Whirlpool has Read More

Trump expected to attend White House tech meeting where Huawei will be discussed: sources

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WASHINGTON (Reuters) – U.S. President Donald Trump is expected to drop in on a Monday meeting of top technology companies, including the chief executives of Intel Corp and Broadcom Inc, held to discuss blacklisted Huawei Technologies Co Ltd and other topics, two people briefed on the matter said. FILE PHOTO: U.S. President Donald Trump Read More

‘Not a threat or a bluff’: Turkey promises tit-for-tat response if US imposes sanctions over S-400s

14 hours ago DieselGasoil Comments Off on ‘Not a threat or a bluff’: Turkey promises tit-for-tat response if US imposes sanctions over S-400s
Ankara has warned it will retaliate in kind if the US imposes sanctions on Turkey over its purchase of Russian S-400 defense systems, while Moscow has hinted at a potential expansion of defense cooperation with Turkey. The first deliveries of Russian surface-to-air S-400 defense systems arrived in Turkey earlier in July, as part of a Read More

Franklin Electric Declares Payment of Quarterly Cash Dividend

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FORT WAYNE, Ind., July 22, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.145 per share payable August 15, 2019, to shareholders of record on August 1, 2019. Franklin Electric is a global leader in the production and marketing of Read More

Huawei secretly helped North Korea build, maintain wireless network: Washington Post

15 hours ago DieselGasoil Comments Off on Huawei secretly helped North Korea build, maintain wireless network: Washington Post
A Huawei signage is pictured at their store at Vina del Mar, Chile July 14, 2019. REUTERS/Rodrigo Garrido WASHINGTON (Reuters) – Huawei Technologies Co Ltd , the Chinese company put on a U.S. black list because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported Read More

India successfully launches Chandrayaan 2 rover mission to Moon’s South Pole

17 hours ago DieselGasoil Comments Off on India successfully launches Chandrayaan 2 rover mission to Moon’s South Pole
India’s space agency has successfully launched a lunar mission after the first was rescheduled due to a technical glitch. It is set to land on the Moon’s South Pole in the hope of making some groundbreaking discoveries. Chandrayaan-2 lifted off on Monday at the Satish Dhawan Space Center, located several miles inland from the Bay Read More

Philips sales spurred by rising Chinese healthcare spending

19 hours ago DieselGasoil Comments Off on Philips sales spurred by rising Chinese healthcare spending
AMSTERDAM (Reuters) – Rising healthcare spending by the Chinese government helped Dutch health technology company Philips (PHG.AS) post better-than-expected sales growth for the second quarter, putting its shares among the top performers in Europe on Monday. FILE PHOTO: Dutch technology company Philips’ logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Read More

Dutch firm Philips tops quarterly sales estimates as growth picks up

20 hours ago DieselGasoil Comments Off on Dutch firm Philips tops quarterly sales estimates as growth picks up
AMSTERDAM (Reuters) – Dutch health technology company Philips (PHG.AS) on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States. FILE PHOTO: Dutch technology company Philips’ logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. Read More

White House to host meeting with tech executives on Huawei ban: sources

3 days ago DieselGasoil Comments Off on White House to host meeting with tech executives on Huawei ban: sources
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China’s Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday. A Huawei logo is pictured at their store at Vina del Mar, Chile Read More