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Romania Mulls Excluding Huawei from its 5G Network

Bucharest could exclude Chinese giant Huawei from its future 5G network, according to a joint statement signed by the Romanian and US presidents and published on Wednesday.

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BA Owner Slams Spiraling Costs of Heathrow's Third Runway

IAG, the parent company of British Airways, hit out Wednesday at the spiraling costs linked to the controversial construction of a third runway at London Heathrow, Europe's busiest airport.

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Spooked Trump Insists U.S. Economy Not in Trouble

President Donald Trump is so convinced that his reelection depends on the economy staying strong that the merest hint of recession has sent him into political crisis management mode.

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Seven Bidders Compete to Fund Bulgaria Nuclear Project

Seven companies and consortiums, including Russia's Rosatom and China's CNNC, have filed offers to become strategic investors in a new 2,000-megawatt nuclear power plant in Bulgaria, energy minister Temenuzhka Petkova said Tuesday.

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Huawei Dismisses New Suspension of 'Unjust' U.S. Ban

Huawei on Tuesday dismissed Washington's three-month delay to a ban on U.S. firms selling to the Chinese tech giant and said the decision would not change the fact it had been "treated unjustly."

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Huawei Expects No Relief from US Sanctions but is Confident

The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs due to the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology.

Ren Zhengfei also said he doesn't want relief from U.S. sanctions if it requires China to make concessions in a tariff war, even if that means his daughter, who is under house arrest in Canada on U.S. criminal charges, faces a longer legal struggle.

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Asian Markets Mostly Rise on Optimism for Trade, Stimulus

Most Asian markets rose Tuesday on the back of hopes for central bank and government stimulus measures around the world, while investors were also cheered by further signs of easing tensions in the China-US trade war.

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Germany Warns of Possible Recession, Mulls Stimulus

The German economy could enter a recession in the third quarter, the Bundesbank warned Monday, as the debate on government measures to support the economy swelled in Berlin.

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Stock Markets Rally on Fresh Trade Talks Hopes

Stock markets rallied Monday after U.S. President Donald Trump's top economic adviser hailed "positive" trade talks with Chinese negotiators.

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Bank of England Chief Pulls Out of Chinese Event

Bank of England governor Mark Carney has withdrawn from a high-profile business event with China's ambassador to London, sources said Monday, as pro-democracy protests continue in Hong Kong.

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