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May 18, 2013
May 18, 2013

EU cites Chinese telecoms Huawei and ZTE for trade violations

NEW YORK (Reuters) – Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a “strategic” sector of Europe’s economy.

May 18, 2013

Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

NEW YORK (Reuters) – Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a “strategic” sector of Europe’s economy.

May 17, 2013
May 16, 2013
May 16, 2013

Moody’s lifts Turkey’s sovereign credit rating to investment grade

NEW YORK, May 16 (Reuters) – Turkey earned its second
investment-grade credit rating on Thursday with an upgrade to
Baa3 by Moody’s Investors Service, a factor that now allows more
investors to put money to work in an economy whose rapid growth
has recently tapered.

Moody’s said the decision to lift the rating one notch and
put a stable outlook on the credit was based upon structural
improvements in the economy as well as its public finances that
will better insulate it from external shocks.

May 15, 2013
May 15, 2013
May 15, 2013
May 15, 2013
    • About Daniel

      "I'm a New York-based global investment correspondent with nearly 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
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