Alibaba’s online sales platform remains 'notorious' in the eyes of U.S. trade officials
WASHINGTON—U.S. trade officials on Thursday acknowledged steps by China’s Alibaba Group Holding Ltd. to curb the sale of counterfeit goods on its Taobao.com platform but left the e-commerce site on its list of “notorious markets” that allegedly facilitate or don’t do enough to prevent intellectual-property violations.
“There continues to be a high amount of infringing goods available on the Taobao platform,” an official with the U.S. trade representative’s office told reporters Thursday, as the office released its annual “notorious...
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U.K. to Allow Huawei Gear for 5G Network, Despite U.S. WarningsThe U.K. government has agreed to allow Huawei to build part of the country’s 5G telecom system—despite U.S. pressure on allies to exclude the Chinese telecom company—but it will only be allowed to construct noncore parts of the network.
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Oil dips on well supplied markets despite tighter Iran sanctionsOil prices inched lower on Wednesday on signs that global markets remain adequat...
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Huawei says its first-quarter revenue jumped 39% despite political pressureHuawei said 2019 'will be a year of large-scale deployment of 5G around the world' and its carrier business 'has unprecedented opportunities for growth.'
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